Robin,who is a head of household and age 42,provides you with the following information from his financial records for 2015.Robert itemizes deductions. Regular income tax liability $ 42,539 AMT positive adjustments 30,000 AMT preferences 20,000 Taxable income 181,000 Calculate his AMT for 2015.
A)$12,651.
B)$17,825.
C)$42,539.
D)$55,190.
E)None of the above.

Question

Robin,who is a head of household and age 42,provides you with the following information from his financial records for 2015.Robert itemizes deductions. Regular income tax liability $ 42,539 AMT positive adjustments 30,000 AMT preferences 20,000 Taxable income 181,000 ​ Calculate his AMT for 2015.
A)$12,651.
B)$17,825.
C)$42,539.
D)$55,190.
E)None of the above.

Quizplus · Accepted Answer

AMT=Regular income tax liability+AMT positive adjustments-AMT preferences=$42,539+$30,000-$20,000=$52,539

Robin,who Is a Head of Household and Age 42,provides You