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    Fundamentals of Taxation
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    Exam 13: At-Riskpassive Activity Loss Rules and the Individual Alternative Minimum Tax
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    After Computing All Tax Preferences and AMT Adjustments,Peter Has AMTI
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After Computing All Tax Preferences and AMT Adjustments,Peter Has AMTI

Question 37

Question 37

Multiple Choice

After computing all tax preferences and AMT adjustments,Peter has AMTI of $210,000 in 2017.If Peter is single,what exemption amount can he claim for AMT in 2017?


A) $0.
B) $31,975.
C) $54,300.
D) $84,500.

Correct Answer:

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