subject
Business, 23.04.2020 19:24 anikabarnhart

When determining his alternative minimum tax, Edward had the following adjustments and preference items:

Personal exemption
$4,050
Itemized deduction for state taxes
1,800
Refund of prior year state income tax
300
Cash contributions
800
Capital gain
700
Depletion in excess of adjusted basis
700

What are the amounts of tax preference items and adjustments to taxable income for alternative minimum tax purposes on Edward's 2017 tax return?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 09:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false
Answers: 1
question
Business, 22.06.2019 09:30
Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?
Answers: 2
question
Business, 22.06.2019 20:20
An economic theory that calls for workers to take control of factories is .
Answers: 3
question
Business, 23.06.2019 04:00
Estimate the prouduct sovle using an area modelestimate the product you solve using an area model and the standard algorithm.remeber to express your products in the standard form
Answers: 3
You know the right answer?
When determining his alternative minimum tax, Edward had the following adjustments and preference it...
Questions
question
Mathematics, 02.07.2019 03:30
question
Mathematics, 02.07.2019 03:30
question
Biology, 02.07.2019 03:30