. LO.2 Arthur Wesson, an unmarried individual who is age 68, reports 2013 taxable income...
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. LO.2 Arthur Wesson, an unmarried individual who is age 68, reports 2013 taxable income of $160,000. He records AMT positive adjustments of $40,000 and tax preferences of $35,000. a. What is Arthurs AMT? b. What is the total amount of Arthurs tax liability? c. Draft a letter to Arthur explaining why he must pay more than the regular income tax liability. Arthurs address is 100 Colonels Way, Conway, SC 29526.
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