In 2015 Charlton and Cindy Have Alternative Minimum Taxable Income

question 103

Multiple Choice

In 2015 Charlton and Cindy have alternative minimum taxable income of $130,000 and file a joint return.For purposes of computing the alternative minimum tax,their exemption is

• A)$0.
• B)$8,000.
• C)$53,600.
• D)$83,400.

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Definitions:

Deep Sense

A profound understanding or intuitive knowledge of a situation, person, or subject.

Dramaturgical Perspective

Using the theater as a metaphor, the idea that people, like actors, perform according to a script. If we all know the script and play our parts well, then like a successful play, our social interactions flow smoothly and seem meaningful, and each actor benefits.

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