Calculate the exemption amount for the following cases in 2018 for a married taxpayer filing jointly and a married taxpayer filing separately. Case AMTI 1 $350,000 2 1,200,000 3 1,800,000 For each case above, compute the AMT exemption for 2018. If an amount is zero, enter a "0". Do not round your intermediate computations and round your final answer to nearest dollar. Case MFJAMT Exemption MFSAMT Exemption 1 $ $ 2 $ $ 3 $ $
Calculate the exemption amount for the following cases in 2018 for a married taxpayer filing jointly and a married taxpayer filing separately. Case AMTI 1 $350,000 2 1,200,000 3 1,800,000 For each case above, compute the AMT exemption for 2018. If an amount is zero, enter a "0". Do not round your intermediate computations and round your final answer to nearest dollar. Case MFJAMT Exemption MFSAMT Exemption 1 $ $ 2 $ $ 3 $ $
Chapter12: Alternative Minimum Tax
Section: Chapter Questions
Problem 29P
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Question
Calculate the exemption amount for the following cases in 2018 for a married taxpayer filing jointly and a married taxpayer filing separately.
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For each case above, compute the AMT exemption for 2018. If an amount is zero, enter a "0". Do not round your intermediate computations and round your final answer to nearest dollar.
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