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Sand Corporation,a Calendar Year C Corporation,reports Alternative Minimum Taxable Income

Question 15

Multiple Choice

Sand Corporation,a calendar year C corporation,reports alternative minimum taxable income of $900,000 for 2016.Sand's tentative minimum tax for 2016 is:


A) $0.
B) $40,000.
C) $180,000.
D) $191,250.
E) None of the above.

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