Question: Erika's (15) filing status is Single. Her earned income is $7,261, and she is subject to kiddie tax and the alternative minimum tax (AMT).
Erika's (15) filing status is Single. Her earned income is $7,261, and she is subject to kiddie tax and the alternative minimum tax (AMT). Her alternative minimum taxable income (AMTI) is $187,045. What is Erika's AMT exemption amount?
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