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QUESTION
Arlene, who is single, has taxable income for 2011 of $112,000. Calculate her alternative minimum tax, if any, given the following additional...
Arlene, who is single, has taxable income for 2011 of $112,000. Calculate her alternative minimum tax, if any, given the following additional information.AMT adjustmentsPositive$22,000 Negative(25,000)Tax preferences46,000
