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    Federal Taxation
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    Exam 12: Alternative Minimum Tax
  5. Question
    Madge's Tentative Minimum Tax (TMT) Is $112,000
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Madge's Tentative Minimum Tax (TMT) Is $112,000

Question 31

Question 31

True/False

Madge's tentative minimum tax (TMT) is $112,000.Her regular income tax liability is $99,000.Madge's AMT is
$13,000.

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