LIZZYANNA1178 LIZZYANNA1178

23-12-2022
Business

contestada

Which of the following statements is correct?
a. If the tentative minimum tax exceeds the regular income tax liability, the AMT is $0.
b. The exemption amount decreases as AMTI increases.
c. The AMT tax rate for an individual taxpayer can be as high as 26%.
d. Only a. and c. are correct.
e. a., b., and c. are correct.

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