In 2013,Linda incurs circulation expenses of $240,000 which she deducts in calculating taxable income.
a. Calculate Linda's AMT adjustment for circulation expenses for 2013, 2014, 2015, and 2016
b. Advise Linda on how she could reduce or eliminate the AMT adistment in 2013.

Question

In 2013,Linda incurs circulation expenses of $240,000 which she deducts in calculating taxable income.
 a. Calculate Linda's AMT adjustment for circulation expenses for 2013, 2014, 2015, and 2016
b. Advise Linda on how she could reduce or eliminate the AMT adistment in 2013.

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The Answer of In 2013,Linda incurs circulation expenses of $240,000 which she deducts in calculating taxable income.
 a. Calculate Linda's AMT adjustment for circulation expenses for 2013, 2014, 2015, and 2016
b. Advise Linda on how she could reduce or eliminate the AMT adistment in 2013.

In 2013,Linda Incurs Circulation Expenses of $240,000 Which She Deducts