25. Cruella and Jason Jones had alternative minimum taxable income of $1,200,000 in 2021 and file...

 

Transcribed Image Text:

25. Cruella and Jason Jones had alternative minimum taxable income of $1,200,000 in 2021 and file a joint return. For purposes of computing the alternative minimum tax, their exemption is A) $76,400. B) $73,600. C) $0. D) $114,600. 25. Cruella and Jason Jones had alternative minimum taxable income of $1,200,000 in 2021 and file a joint return. For purposes of computing the alternative minimum tax, their exemption is A) $76,400. B) $73,600. C) $0. D) $114,600.

Answer rating: 100% (QA)

The correct answer is option D 114600 Option A and C are irrelevent ove... View the full answer