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Prior to the Effect of the Tax Credits, Justin's Regular

Question 8

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Prior to the effect of the tax credits, Justin's regular income tax liability is $200,000.and his tentative minimum tax is $195,000.Justin reports the following credits. Prior to the effect of the tax credits, Justin's regular income tax liability is $200,000.and his tentative minimum tax is $195,000.Justin reports the following credits. Calculate Justin's tax liability after credits. A) $190,000 B) $194,000 C) $195,000 D) $200,000 Calculate Justin's tax liability after credits.


A) $190,000
B) $194,000
C) $195,000
D) $200,000

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