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  3. persephone has a regular tax liability of $12,975

Persephone has a regular tax liability of $12,975 and a tentative minimum tax of $11,550....

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Question

Accounting

Persephone has a regular tax liability of $12,975 and a tentative minimum tax of $11,550. Given just this information, what is her alternative minimum tax liability for the year?

$0

$11,550

$1,425

$12,975

Answer & Explanation Solved by verified expert
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