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    Federal Taxation
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    Exam 12: Alternative Minimum Tax
  5. Question
    Tad and Audria,who Are Married Filing a Joint Return,have AMTI
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Tad and Audria,who Are Married Filing a Joint Return,have AMTI

Question 99

Question 99

Essay

Tad and Audria,who are married filing a joint return,have AMTI of $256,000 for 2016.Calculate their AMT exemption.

Correct Answer:

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Statutory amount
$83,800
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