Essay
Abbygail,who is single,had taxable income of $115,000 for 2014.She had positive AMT adjustments of $30,000;negative AMT adjustments of $12,000;and tax preference items of $50,000.
a.Compute Abbygail's tentative minimum tax.
a.Compute her alternative minimum taxable income (AMTI).
b.Assume the same facts as in part
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e.Taxable income $115,000
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