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    Exam 16: Tax Deductions and Travel Expenses for Employees and Self-Employed Individuals
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    Reva and Josh Lewis Had Alternative Minimum Taxable Income of $1,050,000
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Reva and Josh Lewis Had Alternative Minimum Taxable Income of $1,050,000

Question 948

Question 948

Multiple Choice

Reva and Josh Lewis had alternative minimum taxable income of $1,050,000 in 2018 and file a joint return. For purposes of computing the alternative minimum tax, their exemption is


A) $0.
B) $96,900.
C) $59,400.
D) $109,400.

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