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Ashby,who Is Single and Age 30,provides You with the Following

Question 90

Multiple Choice

Ashby,who is single and age 30,provides you with the following information from his financial records for 2016.
Regular income tax liability
$ 47,228
AMTI
225,000
Taxable income
195,000
​
Calculate his AMT exemption for 2016.


A) $0
B) $17,000
C) $25,575
D) $53,900

Correct Answer:

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