Arthur Wesson, an unmarried individual who is age 68, has a taxable income of $160,000...
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Accounting
Arthur Wesson, an unmarried individual who is age 68, has a taxable income of $160,000 in 2013. He has AMT positive adjustments of $40,000 and tax preferences of $35,000.
What is Arthurs AMT?
What is the total amount of Arthurs tax liability
Draft a letter to Arthur explaining why he must pay more than the regular income tax liability. Arthurs
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