Ortiz Corporation Determined Its AMTI to Be $120,000 for 2013

question 3

Multiple Choice

Ortiz Corporation determined its AMTI to be $120,000 for 2013.If the regular income tax liability is $15,000,what is the amount of the alternative minimum tax for 2013?

• A)$ - 0 -
• B)$ 1,000
• C)$ 9,000
• D)$16,000
• E)$24,000

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