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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25%

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10 days ago

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

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23 days ago

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

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26 days ago

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

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1 months ago

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

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