Duck, Inc., is a C corporation that is not eligible for the small business exception to the AMT. Its adjusted current earnings (ACE) and unadjusted alternative minimum taxable income (unadjusted AMTI) for 2014 and 2015 are as follows:
Calculate the amount of the ACE adjustment for 2014 and 2015.

Question

Duck, Inc., is a C corporation that is not eligible for the small business exception to the AMT. Its adjusted current earnings (ACE) and unadjusted alternative minimum taxable income (unadjusted AMTI) for 2014 and 2015 are as follows:
  Calculate the amount of the ACE adjustment for 2014 and 2015.

Quizplus · Accepted Answer

The Answer of Duck, Inc., is a C corporation that is not eligible for the small business exception to the AMT. Its adjusted current earnings (ACE) and unadjusted alternative minimum taxable income (unadjusted AMTI) for 2014 and 2015 are as follows:
  Calculate the amount of the ACE adjustment for 2014 and 2015.

Duck, Inc, Is a C Corporation That Is Not Eligible for for the Small