Abbygail,who is single,had taxable income of $115,000 for 2015.She had positive AMT adjustments of $30,000;negative AMT adjustments of $12,000;and tax preference items of $50,000.
a.
Compute her alternative minimum taxable income (AMTI).
a.Compute Abbygail's tentative minimum tax.
b.
Assume the same facts as in part

Question

Abbygail,who is single,had taxable income of $115,000 for 2015.She had positive AMT adjustments of $30,000;negative AMT adjustments of $12,000;and tax preference items of $50,000. ​
a.​
Compute her alternative minimum taxable income (AMTI).
a.Compute Abbygail's tentative minimum tax.
b.
Assume the same facts as in part

Quizplus · Accepted Answer

The Answer of Abbygail,who is single,had taxable income of $115,000 for 2015.She had positive AMT adjustments of $30,000;negative AMT adjustments of $12,000;and tax preference items of $50,000. ​
a.​
Compute her alternative minimum taxable income (AMTI).
a.Compute Abbygail's tentative minimum tax.
b.
Assume the same facts as in part

Abbygail,who Is Single,had Taxable Income of $115,000 for 2015