Bianca and David report the following for 2016.
Regular income tax before credits
$32,000
Tentative minimum tax before credits
45,000

a.Calculate Bianca and David's AMT if they qualify for the adoption expense credit of $11,000.
b.Calculate Bianca and David's AMT if they qualify for the adoption expense credit of $13,190.

Question

Bianca and David report the following for 2016.
Regular income tax before credits
$32,000
Tentative minimum tax before credits
45,000
​
a.Calculate Bianca and David's AMT if they qualify for the adoption expense credit of $11,000.
b.Calculate Bianca and David's AMT if they qualify for the adoption expense credit of $13,190.

Quizplus · Accepted Answer

The Answer of Bianca and David report the following for 2016.
Regular income tax before credits
$32,000
Tentative minimum tax before credits
45,000
​
a.Calculate Bianca and David's AMT if they qualify for the adoption expense credit of $11,000.
b.Calculate Bianca and David's AMT if they qualify for the adoption expense credit of $13,190.

Bianca and David Report the Following for 2016