Colby, a single father, has federal AGI of $155,000 for the taxable year. Because he had several special tax treatment items, he owes California AMT and must complete Schedule P (540). Alternative Minimum Taxable Income on line 21 is $174,000. The exemption amount for single/HOH is $78,070. How much is Colby's Tentative Minimum Tax on line 24 of Schedule P (540)?

Answer rating: 100% (QA)

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