Kay, Who Is Single, Had Taxable Income of $0 in 2012.She

question 93

Multiple Choice

Kay, who is single, had taxable income of $0 in 2012.She has positive timing adjustments of $206,300 and exclusion items of $100,000 for the year.What is the amount of her alternative minimum tax credit for carryover to 2013?

• A)$80,500.
• B)$68,861.
• C)$20,930.
• D)$13,403.
• E)None of the above.

---

Definitions:

Primary

Relates to the first or highest in rank or importance; often refers to original data or sources as opposed to secondary data.

Reading Scores

Numerical or categorical assessments that represent an individual's ability or proficiency in reading, often used in educational settings for evaluation or research purposes.

Secondary

Pertains to information or data that was previously collected for a different investigation and is being reused for a new research study.

Hogan Jazz Archive

A specialized collection housed at Tulane University, focusing on the preservation and study of materials related to the history and legacy of jazz music.