Prior to the Effect of the Tax Credits, Justin's Regular

question 53

Multiple Choice

Prior to the effect of the tax credits, Justin's regular income tax liability is $200,000 and his tentative AMT is $195,000.Justin has the following credits: Calculate Justin's tax liability after credits.

• A)$190,000.
• B)$194,000.
• C)$195,000.
• D)$200,000.
• E)None of the above.