AAFM Exam CTEP Topic 3 Question 41 Discussion

Actual exam question for AAFM's CTEP exam

Question #: 41
Topic #: 3

[All CTEP Questions]

For tax year 2013, AMT rate is _______ up to $175,000 of Alternative Minimum Taxable Income (AMTI).

A20%

B22%

C25%

D26%

Show Suggested Answer

Suggested Answer: B

by Frederica at May 20, 2024, 07:23 AM

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Diego

1 months ago

26%? That's a no-brainer! I could do these tax questions in my sleep.

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Mabel

1 days ago

C) 25%

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Zack

3 days ago

B) 22%

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Herminia

9 days ago

A) 20%

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Wilson

1 months ago

This is a tricky one, but I think I've got it. The AMT rate is 26%, no doubt about it.

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Jodi

6 days ago

Let's double check, I think it's 20%.

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Ligia

13 days ago

Are you sure? I'm pretty confident it's 22%.

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Beatriz

15 days ago

No, I believe it's actually 25%.

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Joseph

17 days ago

I think the AMT rate is 26% as well.

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Glory

1 months ago

Hmm, 22% sounds a bit low for the AMT rate. I'm going to go with option D, 26%.

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Cheryl

13 days ago

I'm not sure, but I think option C, 25% might be the correct AMT rate.

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Ozell

15 days ago

I agree, I also believe it is 20% for AMT rate.

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Carissa

20 days ago

I think option A, 20% is the correct AMT rate for tax year 2013.

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Queen

2 months ago

Wait, I thought the AMT rate was 25% for AMTI up to $175,000. Let me double-check that.

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Stephen

4 days ago

I'm pretty sure it's 20% for AMTI up to $175,000.

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Floyd

5 days ago

No, I think it's actually 22% for AMTI up to $175,000.

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Temeka

6 days ago

I believe the AMT rate for tax year 2013 is 26% for AMTI up to $175,000.

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Timothy

2 months ago

I'm pretty sure it's 26%, that's the standard AMT rate for individual taxpayers.

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Pearly

1 months ago

Yes, I agree, the AMT rate for that year is 26%.

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Destiny

1 months ago

I remember hearing that too, 26% sounds correct.

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Tyisha

1 months ago

I think you're right, it is 26% for tax year 2013.

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Mammie

2 months ago

I think you're right. It's important to know the correct rate for tax planning.

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Cathern

2 months ago

I believe it's 26% for up to $175,000 of AMTI.

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Mammie

3 months ago

What do you think the AMT rate is for tax year 2013?

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