Caroline and Clint are married, have no dependents, and file a joint return in 2019.Use the following information to calculate their Federal income tax liability.
$$\begin{array} { l r }
\text { AMTI } & \$ 985,000 \
\text { Regular income tax liability } & 121,129 \
\text { AMT preferences } & 190,000
\end{array}$$

Question

Caroline and Clint are married, have no dependents, and file a joint return in 2019.Use the following information to calculate their Federal income tax liability.
 $$\begin{array} { l r } 
\text { AMTI } & \$ 985,000 \
\text { Regular income tax liability } & 121,129 \
\text { AMT preferences } & 190,000
\end{array}$$

Quizplus · Accepted Answer

The Answer of Caroline and Clint are married, have no dependents, and file a joint return in 2019.Use the following information to calculate their Federal income tax liability.
 $$\begin{array} { l r } 
\text { AMTI } & \$ 985,000 \
\text { Regular income tax liability } & 121,129 \
\text { AMT preferences } & 190,000
\end{array}$$

Caroline and Clint Are Married, Have No Dependents, and File