The maximum credit against tax on the basis exclusion amount

The maximum credit against tax on the basis exclusion amount for 2017? A $2,081,800 B $2,117,800 C $2,125,800 D $2,141,800

Solution

The maximum credit against tax on the basis exclusion amount for 2017?

A $2,141,800

Table of Basic Exclusion and
Credit Amounts
Year Basic Exclusion Credit Amounts
2017 5,490,000.00 2,141,800.00
The maximum credit against tax on the basis exclusion amount for 2017? A $2,081,800 B $2,117,800 C $2,125,800 D $2,141,800SolutionThe maximum credit against tax

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