[The following information applies to the questions displayed below.] In 2018, Juanita is married and files a joint tax return with her husband. What is her tentative minimum tax in each of the following alternative circumstances? (Use the Dividends and capital gains tax rates.) (Input all values as positive. Leave no answer blank. Enter zero if applicable.) b. Her AMT base is $445,000, all ordinary income. Description (1) AMT base (2) Dividends taxed at preferential rate (3) Tax on dividends (4) AMT base taxed at regular AMT rates (5) Tax on AMT base taxed at 26% rate (6) Tax on AMT base taxed at 28% rate Tentative minimum tax $ Amount 445,000 0 0 445,000
[The following information applies to the questions displayed below.] In 2018, Juanita is married and files a joint tax return with her husband. What is her tentative minimum tax in each of the following alternative circumstances? (Use the Dividends and capital gains tax rates.) (Input all values as positive. Leave no answer blank. Enter zero if applicable.) b. Her AMT base is $445,000, all ordinary income. Description (1) AMT base (2) Dividends taxed at preferential rate (3) Tax on dividends (4) AMT base taxed at regular AMT rates (5) Tax on AMT base taxed at 26% rate (6) Tax on AMT base taxed at 28% rate Tentative minimum tax $ Amount 445,000 0 0 445,000
Chapter8: Taxation Of Individuals
Section: Chapter Questions
Problem 57P
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![Required information
[The following information applies to the questions displayed below.]
In 2018, Juanita is married and files a joint tax return with her husband. What is her tentative minimum tax in each of the
following alternative circumstances? (Use the Dividends and capital gains tax rates.) (Input all values as positive.
Leave no answer blank. Enter zero if applicable.)
b. Her AMT base is $445,000, all ordinary income.
Description
(1) AMT base
(2) Dividends taxed at preferential rate
(3) Tax on dividends
(4) AMT base taxed at regular AMT rates
(5) Tax on AMT base taxed at 26% rate
(6) Tax on AMT base taxed at 28% rate
Tentative minimum tax
$
Amount
445,000
0
0
445,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fedabe0e2-196f-4c25-a19f-0a83845d1868%2F68c65d37-0860-4af9-b217-d45cfc1a4729%2Fog0zkld_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
In 2018, Juanita is married and files a joint tax return with her husband. What is her tentative minimum tax in each of the
following alternative circumstances? (Use the Dividends and capital gains tax rates.) (Input all values as positive.
Leave no answer blank. Enter zero if applicable.)
b. Her AMT base is $445,000, all ordinary income.
Description
(1) AMT base
(2) Dividends taxed at preferential rate
(3) Tax on dividends
(4) AMT base taxed at regular AMT rates
(5) Tax on AMT base taxed at 26% rate
(6) Tax on AMT base taxed at 28% rate
Tentative minimum tax
$
Amount
445,000
0
0
445,000
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