Question: Jacob is single with no dependents. During 2 0 2 3 , Jacob has $ 1 1 0 , 0 0 0 of taxable income.

Jacob is single with no dependents. During 2023, Jacob has $110,000 of taxable income. He has $38,000 of positive AMT adjustments and $22,000 of tax preferences. Jacob does not itemize his deductions but takes the standard deduction. Calculate Jacob's AMTI before the exemption.
Multiple Choice
$122,950.
$148,000.
$170,000.
$183,850.

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