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Beulah, Who Is Single and Itemizes Deductions, Provides You with the Following

Question 99

Multiple Choice

Beulah, who is single and itemizes deductions, provides you with the following information from her financial records for 2019.Compute Beulah's AMTI.  Regular income tax liability $104,694 AMT positive adiustments 33,000 AMT preferences 75,000 Taxable income 370,000\begin{array} { l r } \text { Regular income tax liability } & \$ 104,694 \\\text { AMT positive adiustments } & 33,000 \\\text { AMT preferences } & 75,000 \\\text { Taxable income } & 370,000\end{array}


A) $0
B) $368,600
C) $407,700
D) $478,000
E) $490,000

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