Renee and Sanjeev, who are married

by | Mar 18, 2020 | Uncategorized

  

Renee and Sanjeev, who are married, report taxable income of $273,000. They computed positive AMT adjustments of $38,000, negative AMT adjustments of $14,000, and AMT preference items of $67,500. The couple itemizes

their deductions.

  1. Compute their AMTI.
  2. Compute their tentative minimum tax.
  

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