Chapter 15 Homework Question 1

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Chapter 15 Homework

1. William and Maria Smith are a married couple filing jointly. They have no children and report the following items in 2020: What is the Smith’s AMT liability? What would be William’s AMT liability if he were an unmarried taxpayer filing single with a regular tax liability of $18,080?

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This question is taken from Accounting 015 – Tax Accounting I » Spring 2021 » Chapter 15 Homework

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