Question: Calculate the 2016 AMT exemption amount for the following cases for a married taxpayer filing jointly, and for a married taxpayer filing separately. In addition,

Calculate the 2016 AMT exemption amount for the following cases for a married taxpayer filing jointly, and for a married taxpayer filing separately. In addition, in an Excel formula, express your solution for Case 2 for the taxpayer who is married filing jointly. Place any parameter that could change annually in a separate cell, and incorporate the cell references into the formula.
Case....... AMTI
1......... $150,000
2........... 300,000
3........... 800,000

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Married filing jointly Case 1 AMTI less than phase out threshold 83800 Case 2 83800 2530000... View full answer

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