Question: Haley received virtual currency in exchange for work she performed as an independent contractor. How much income must Haley report on her tax return? How

Haley received virtual currency in exchange for work she performed as an independent contractor. How much income must Haley report on her tax return?
How did the Tax Cuts and Jobs Act of 2017(TCJA) impact the alternative minimum tax (AMT) for individuals?
A TCJA provision:
Substantially increased the AMT exemption amounts.
Repealed the AMT.
Reduced the AMT tax rates.
Simplified the AMT tax rates by introducing one flat rate for all levels of income.

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