In the current year, Redland Corporations regular tax liability was $28,000, and its AMTI was...
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In the current year, Redland Corporations regular tax liability was $28,000, and its AMTI was $232,000. Redland is not a small corporation, and this is not its first year of operations. If an amount is zero, enter "0". a. Compute Redlands current-year AMT. $ b. Compute Redlands current-year AMT assuming the corporation's regular tax liability is $88,000 (instead of $28,000) in the current
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