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    Federal Taxation
  4. Exam
    Exam 14: Special Tax Computation Methods, tax Credits, and Payment of Tax
  5. Question
    In 2016 Charlton and Cindy Have Alternative Minimum Taxable Income
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In 2016 Charlton and Cindy Have Alternative Minimum Taxable Income

Question 130

Question 130

Multiple Choice

In 2016 Charlton and Cindy have alternative minimum taxable income of $130,000 and file a joint return.For purposes of computing the alternative minimum tax,their exemption is


A) $0.
B) $8,100.
C) $53,900.
D) $83,800.

Correct Answer:

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