Required information [The following information applies to the questions displayed below.) In 2020, Juanita is...

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Accounting

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Required information [The following information applies to the questions displayed below.) In 2020, 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 Tax Rate Schedule. Dividends and Capital Gains Tax Rates for reference. (Input all values as positive. Leave no answer blank. Enter zero if applicable.) b. Her AMT base is $440,000, all ordinary income. Answer is not complete. Amount 440,000 S 0 (1) (2) (3) (4) Description AMT base Dividends taxed at preferential rate Tax on dividends AMT base taxed at regular AMT rates Tax on AMT base taxed at 26% rate Tax on AMT base taxed at 28% rato Tentative minimum tax 0 440,000 (5) (6) c. Her AMT base is $111,000, which includes $27,200 of qualified dividends. Answer is not complete. Amount S (1) (2) (3) 111,000 27,200 4,080 Description AMT base Dividends taxed at preferential rate Tax on dividends AMT base taxed at regular AMT rates Tax on AMT base taxed at 26% rate Tax on AMT base taxed at 28% rate Tentative minimum tax 83,800 28,860 (5) (6) d. Her AMT base is $440,000, which includes $27,200 of qualified dividends. Answer is not complete. Description Amount AMT base $ (2) 440,000 27,200 4,080 (3) (4) 66,000 Dividends taxed at preferential rate Tax on dividends AMT base taxed at regular AMT rates Tax on AMT base taxed at 26% rate Tax on AMT base taxed at 28% rate Tentative minimum tax (5) (6)

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