Determine the amount of taxable income of Aaron Rentz in 2020, who is single and has $900 of wages and $1,400 of interest income for the year. Aaron is also a qualifying child of his parents. 1) $2,000 2) $2,300 3) $1,200 4) $1050 5) None of these

Determine the amount of taxable income of Aaron Rentz in 2020, who is single and has $900 of wages and $1,400 of interest income for the year. Aaron is also a qualifying child of his parents. 1) $2,000 2) $2,300 3) $1,200 4) $1050 5) None of these

SWFT Individual Income Taxes

43rd Edition

ISBN:9780357391365

Author:YOUNG

Publisher:YOUNG

Chapter12: Alternative Minimum Tax

Section: Chapter Questions

Problem 24CE

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