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    Exam 12: Alternative Minimum Tax
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    Lavender, Inc
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Lavender, Inc

Question 81

Question 81

Essay

Lavender, Inc., incurs research and experimental expenditures of $210,000 in 2017. Determine the amount of the AMT adjustment for 2017 and for 2018 if for regular income tax purposes, assuming in independent cases that:
​
Lavender, Inc., incurs research and experimental expenditures of $210,000 in 2017. Determine the amount of the AMT adjustment for 2017 and for 2018 if for regular income tax purposes, assuming in independent cases that: ​

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