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Masteriza [31]
3 years ago
7

Robin, who is a head of household and age 42, provides you with the following information from his financial records for 2019. R

obin itemizes deductions. Regular income tax liability $142,125 PositiveAMT adjustments 30,000 AMT preferences 100,000 Taxable income 481,000 Calculate Robin's AMT for 2019. a.$12,636. b.$3,757. c.$12,032. d.$15,126.
Business
1 answer:
andre [41]3 years ago
7 0

Answer:

$15,158.

Explanation:

We can calculate the Robin's AMT for 2019 by first deducting the AMT exemption for 2019 and then multiplying it by the rate of 26% FOR 2019.

DATA

AMT preferences 100,000

PositiveAMT adjustments 30,000

Total AMT = $100,000 + $30,000 = $130,000

Solution

Exemption for 2019 = $71,700.

Robin's AMT for 2019 = ($130,000 - $71,700) × 26%

Robin's AMT for 2019 = $15,158.

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Answer:

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Explanation:

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What's the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%
KengaRu [80]

Answer:

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