Arlene,who is single,reports taxable income for 2016 of $112,000.Calculate her alternative minimum tax,if any,given the following additional information.

AMT adjustments
Positive
$22,000
Negative
(25,000)
Tax preferences
46,000

Question

Arlene,who is single,reports taxable income for 2016 of $112,000.Calculate her alternative minimum tax,if any,given the following additional information.
​
AMT adjustments
Positive
$22,000
Negative
(25,000)
Tax preferences
46,000

Quizplus · Accepted Answer

The Answer of Arlene,who is single,reports taxable income for 2016 of $112,000.Calculate her alternative minimum tax,if any,given the following additional information.
​
AMT adjustments
Positive
$22,000
Negative
(25,000)
Tax preferences
46,000

Arlene,who Is Single,reports Taxable Income for 2016 of $112,000