Prior to the effect of tax credits,Eunice's regular income tax liability is $325,000 and her tentative minimum tax is $312,000.Eunice has general business credits available of $20,000.Calculate Eunice's tax liability after tax credits.
A)$0
B)$305,000
C)$312,000
D)$325,000
E)None of the above

Question

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The Answer of Prior to the effect of tax credits,Eunice's regular income tax liability is $325,000 and her tentative minimum tax is $312,000.Eunice has general business credits available of $20,000.Calculate Eunice's tax liability after tax credits.
A)$0
B)$305,000
C)$312,000
D)$325,000
E)None of the above

Prior to the Effect of Tax Credits,Eunice's Regular Income Tax