Bianca and David report the following for 2019. $\begin{array}{lr}
\text { Regular income tax before credits } & \$ 132,000 \
\text { Tentative minimum tax before credits } & 145,000
\end{array}$
a.Calculate Bianca and David's AMT if they qualify for the adoption expense credit of $11,000.
b.Calculate Bianca and David's AMT if they qualify for the adoption expense credit of $13,570.

Question

Bianca and David report the following for 2019. $\begin{array}{lr}
\text { Regular income tax before credits } & \$ 132,000 \
\text { Tentative minimum tax before credits } & 145,000
\end{array}$ 
a.Calculate Bianca and David's AMT if they qualify for the adoption expense credit of $11,000.
b.Calculate Bianca and David's AMT if they qualify for the adoption expense credit of $13,570.

Quizplus · Accepted Answer

The Answer of Bianca and David report the following for 2019. $\begin{array}{lr}
\text { Regular income tax before credits } & \$ 132,000 \
\text { Tentative minimum tax before credits } & 145,000
\end{array}$ 
a.Calculate Bianca and David's AMT if they qualify for the adoption expense credit of $11,000.
b.Calculate Bianca and David's AMT if they qualify for the adoption expense credit of $13,570.