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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 14: Special Tax Computation Methods, tax Credits, and Payment of Tax
  5. Question
    Reva and Josh Lewis Had Alternative Minimum Taxable Income of $350,000
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Reva and Josh Lewis Had Alternative Minimum Taxable Income of $350,000

Question 29

Question 29

Multiple Choice

Reva and Josh Lewis had alternative minimum taxable income of $350,000 in 2013 and file a joint return.For purposes of computing the alternative minimum tax,their exemption is


A) $31,775.
B) $51,900.
C) $49,025.
D) $80,800.

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