Examlex
Mitch, who is single and age 46 and has no dependents, had AGI of $100,000 this year. His potential itemized deductions were as follows.
What is the amount of Mitch's AMT adjustment for itemized deductions for 2017?
Tariff
A tax imposed by a government on imported goods or services to protect domestic industries or generate revenue.
Infant Industry
A new or emerging industry that may be protected by the government from international competition to allow it to grow.
Technological Efficiency
A measure of the effectiveness with which a technology converts inputs into outputs, often seen as achieving the maximum productivity with the least waste.
Silicon Chip
A small piece of silicon that contains integrated circuits used in electronic devices for processing or storage.
Q3: Shirley sold her personal residence to Mike
Q15: Sand Corporation, a calendar year C corporation,
Q38: Hubert purchases Fran's jewelry store for $950,000.
Q52: Leonore exchanges 5,000 shares of Pelican, Inc.,
Q66: On October 1, Paula exchanged an apartment
Q77: During the year, Purple Corporation (a U.S.
Q88: Georgia had AGI of $100,000 in 2017.
Q94: Harry earned investment income of $18,500, incurred
Q127: Mixed use (both business and pleasure) domestic
Q135: Jacob owns land with an adjusted basis