Question: Chuck is single and has no dependents. He does not itemize deductions. In 2015, he claims a $4,000 personal exemption and records taxable income of
Chuck is single and has no dependents. He does not itemize deductions. In 2015, he claims a $4,000 personal exemption and records taxable income of $120,000. Chuck's AMT preferences total $51,000. What is Chuck's AMTI for the year?
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