(Solution Download) The Perez Trust incurred the following items this year Taxable interest


The Perez Trust incurred the following items this year.
Taxable interest income ......................................................... $75,000
Tax-exempt interest income, not on private activity bonds ..................40,000
Tax-exempt interest income, on private activity bonds issued in 1999 ... 20,000
Compute Perez's tentative minimum tax for the year. Perez does not hold any credits available to reduce the AMT liability?

 







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