Compute the 2021 AMT exemption for the following taxpayers. a. Bristol, who is single, reports AMTI of

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Compute the 2021 AMT exemption for the following taxpayers.

a. Bristol, who is single, reports AMTI of $650,000.

b. Marley and Naila are married and file a joint tax return. Their AMTI is $1,528,000.

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South-Western Federal Taxation 2022 Individual Income Taxes

ISBN: 9780357519073

45th Edition

Authors: James C. Young, Annette Nellen, William A. Raabe, Mark Persellin, William H. Hoffman

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