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Reva and Josh Lewis Had Alternative Minimum Taxable Income of $1,200,000

Question 26

Multiple Choice

Reva and Josh Lewis had alternative minimum taxable income of $1,200,000 in 2019 and file a joint return.For purposes of computing the alternative minimum tax,their exemption is


A) $66,850.
B) $71,700.
C) $0.
D) $111,700.

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