Mr.and Mrs.King's regular tax liability on their joint return was $111,850.Which of the following statements is true?
A) If the Kings' tentative minimum tax is $103,300,their total tax liability is $103,300.
B) If the Kings' tentative minimum tax is $103,300,their total tax liability is $111,850.
C) If the Kings' tentative minimum tax is $143,800,their total tax liability is $143,800.
D) Both B.and C.are true.
Correct Answer:
Verified
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