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Caroline and Clint Are Married,have No Dependents,and File a Joint

Question 78

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Caroline and Clint are married,have no dependents,and file a joint return in 2015.Use the following selected data to calculate their Federal income tax liability. ​ AMTI $285,000 Regular income tax liability 42,066 AMT tax preferences 90,000

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The AMT is calculated as follows.​
AMTI...

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