Jonathan Is Married, Files a Joint Return, and Has One

Multiple Choice

Jonathan is married, files a joint return, and has one child. During 2015, Jonathan has $85,000 of taxable income. He has $20,000 of positive AMT adjustments and $28,000 of tax preferences. Since Jonathan rents his home (pays no mortgage interest) and lives in Florida (has no state income tax) , he does not itemize his deductions but takes the standard deduction. Calculate Jonathan's AMTI (before exclusion amount) .

A) $137,600.
B) $145,000.
C) $145,600.
D) $157,600.