Sand,Inc.,has AMTI of $200,000.Calculate the amount of the AMT exemption if:
a. Sand is a small corporation for AMT purposes
b. Sand is not a small corporation for AMT purposes

Question

Sand,Inc.,has AMTI of $200,000.Calculate the amount of the AMT exemption if:
 a. Sand is a small corporation for AMT purposes
b. Sand is not a small corporation for AMT purposes

Quizplus · Accepted Answer

The Answer of Sand,Inc.,has AMTI of $200,000.Calculate the amount of the AMT exemption if:
 a. Sand is a small corporation for AMT purposes
b. Sand is not a small corporation for AMT purposes

Sand,Inc,Has AMTI of $200,000