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    Fundamentals of Taxation
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    Exam 13: At-Riskpassive Activity Loss Rules and the Individual Alternative Minimum Tax
  5. Question
    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 15

Question 15

Multiple Choice

After computing all tax preferences and AMT adjustments,Peter has AMTI of $210,000 in 2016.If Peter is single,what exemption amount can he claim for AMT in 2016?


A) $0.
B) $31,325.
C) $83,800.
D) $53,900.

Correct Answer:

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