Use the following data to calculate Chiaras 2015 AMT base. Chiara files as a single taxpayer and
Question:
Use the following data to calculate Chiara’s 2015 AMT base. Chiara files as a single taxpayer and itemizes her deductions.
Taxable income ……………………………………………………………….......... $148,000
Positive AMT adjustments
(Does not include personal exemptions) …………………………………….. 73,000
Negative AMT adjustments ……………………………………………………... ....55,000
AMT preferences ………………………………………………………………............. 30,000
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Chiaras taxable income prior to the personal exemption ...View the full answer
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Related Book For 
South Western Federal Taxation 2016 Comprehensive
ISBN: 9781305395114
39th Edition
Authors: James H. Boyd, William H. Jr. Hoffman, David M. Maloney, William A. Raabe, James C. Young
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