Brady's regular income tax liability is $300,000 and his tentative AMT is $350,000.Brady's AMT is:

Name: Brady's regular income tax liability is $300,000 and his tentative AMT is $350,000.Brady's AMT is:
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Quizplus · Accepted Answer

Brady's regular income tax liability is lower than his tentative AMT, which means he may have to pay the Alternative Minimum Tax. The AMT is the excess of tentative minimum tax over the regular income tax liability.

Therefore, Brady's AMT is $350,000 - $300,000 = $50,000. Answer choice B is correct.

Brady's Regular Income Tax Liability Is $300,000 and His Tentative