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Accounting

Problem:

Jake and Christina are married and file a joint return for 2014 with taxable income of $100,000 and tax preferences and adjustments of $20,000 for AMT purposes. Their regular tax liability is $16,713.

Required:

Question: What is the amount of their total tax liability?

$6,859
$9,854
$16,713
$26,567

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91164670

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