Persephone has a regular tax liability of 13375 and a tentat
Persephone has a regular tax liability of $13,375 and a tentative minimum tax of $11,590. Given just this information, what is her alternative minimum tax liability for the year? Multiple Choice $0 $11,590 $1,785 $13,375
Solution
Answer: Alternative minimum tax liability= $0
Explanation: Alternative minimum tax liability is the excess of tentative minimum tax over regular tax liability.
