Multiple Choice
Kay,who is single,had taxable income of $0 in 2014.She has positive timing adjustments of $206,300 and exclusion items of $100,000 for the year.What is the amount of her alternative minimum tax credit for carryover to 2015?
A) $80,560
B) $68,861
C) $68,288
D) $12,272
E) None of these
Correct Answer:
Verified
Correct Answer:
Verified
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