Crimson, Inc., provides you with the following information:
$\begin{array}{llr}
\text {Regular corporate tax liability } &\$22,250\
\text { AMT adjustments and preferences (excluding ACE adjustment) } &80,000\
\text {ACE adjustment (prior positive adjustments are $ \$ 17,000 $ ) } &(11,000)\
\text { Taxable income} &100,000\
\end{array}$

$\text { Calculate Crimenn's } A M T \text { for } 2014$

Question

Crimson, Inc., provides you with the following information:
 $\begin{array}{llr}
  \text {Regular corporate tax liability  } &\$22,250\
 \text { AMT adjustments and preferences (excluding ACE adjustment) } &80,000\
 \text {ACE adjustment (prior positive adjustments are $ \$ 17,000 $ )   } &(11,000)\
 \text {  Taxable income} &100,000\
\end{array}$

$\text { Calculate Crimenn's } A M T \text { for } 2014$

Quizplus · Accepted Answer

The Answer of Crimson, Inc., provides you with the following information:
 $\begin{array}{llr}
  \text {Regular corporate tax liability  } &\$22,250\
 \text { AMT adjustments and preferences (excluding ACE adjustment) } &80,000\
 \text {ACE adjustment (prior positive adjustments are $ \$ 17,000 $ )   } &(11,000)\
 \text {  Taxable income} &100,000\
\end{array}$

$\text { Calculate Crimenn's } A M T \text { for } 2014$

Crimson, Inc Calculate Crimenn’s AMT for 2014\text { Calculate Crimenn's } A M T \text { for } 2014 Calculate Crimenn’s AMT for 2014

Crimson, Inc $\text { Calculate Crimenn's } A M T \text { for } 2014$