Essay
In 2014,Linda incurs circulation expenses of $240,000 which she deducts in calculating taxable income.
a.Calculate Linda's AMT adjustment for circulation expenses for 2014,2015,2016,and 2017.
b.Advise Linda on how she could reduce or eliminate the AMT adjustment in 2014.
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a.Linda deducted the $240,000 circulatio...View Answer
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