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 2013 and 2014 are as follows:
Calculate the amount of the ACE adjustment for 2013 and 2014.

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 2013 and 2014 are as follows:
  Calculate the amount of the ACE adjustment for 2013 and 2014.

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 2013 and 2014 are as follows:
  Calculate the amount of the ACE adjustment for 2013 and 2014.

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