Essay
Bianca and David have the following for 2014:
Regular income tax before credits $32,000
Tentative AMT before credits 45,000
a.Calculate Bianca and David's AMT if they qualify for the adoption expense credit of $11,000.
b.Calculate Bianca and David's AMT if they qualify for the adoption expense credit of $13,190.
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a.In addition to the foreign tax credit,...View Answer
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