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Which of the Following Statements Is Correct

Question 13

Multiple Choice

Which of the following statements is correct?


A) If the tentative AMT is $10,000 and the regular income tax liability is $12,000,the AMT is $2,000.
B) If the tentative AMT is $12,000 and the regular income tax liability is $10,000,the AMT is $12,000.
C) If the tentative AMT is $10,000 and the regular income tax liability is $12,000,the AMT is a negative $2,000.
D) If the tentative AMT is $12,000,and the regular income tax liability is $10,000,the AMT is $2,000.
E) None of these.

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