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Calculate the amount of Harold net alternative minimum tax

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Reference no: EM132704065

Problem - Harold Brown, a single taxpayer, has adjusted gross income of $600,000. He has a deduction for home mortgage interest of $23,000, cash contributions of $11,000, state income taxes of $10,000, and private activity bond interest income of $100,000. Assuming Harold's regular tax liability is $171,410, use Form 6251 to calculate the amount of Harold's net alternative minimum tax.

Reference no: EM132704065

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