Multiple Choice
After computing all tax preferences and AMT adjustments, Adam and his wife Cindy have AMTI of $290,000. If Adam and Cindy file a joint tax return, what exemption amount can they claim for AMT for 2015?
A) $0.
B) $50,625.
C) $53,600.
D) $83,400.
Correct Answer:
Verified
Correct Answer:
Verified
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