Kay, Who Is Single, Had Taxable Income of $0 in 2012.She

Multiple Choice

Kay, who is single, had taxable income of $0 in 2012.She has positive timing adjustments of $206,300 and exclusion items of $100,000 for the year.What is the amount of her alternative minimum tax credit for carryover to 2013?

A) $80,500.
B) $68,861.
C) $20,930.
D) $13,403.
E) None of the above.