Shawn who is single and has no dependents has a regular tax, Ask an Expert

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Shawn, who is single and has no dependents, has a regular tax liability of $15,820, taxable income of $70,000, tax preferences of $25,000, and positive adjustments attributable to limitations on itemized deductions of $15,000. Shawn's alternative minimum tax exemption is 46,200. Compute Shawn's alternative minimum tax.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9412115

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