Question: Multiple Jacob is single with no dependents. During 2021, he has $49,000 of taxable income. He also has $28,500 of positive AMT adjustments and $12,200
Multiple Jacob is single with no dependents. During 2021, he has $49,000 of taxable income. He also has $28,500 of positive AMT adjustments and $12,200 of tax preferences. Jacob does not itemize his deductions but takes the standard deduction. Calculate his AMTI. Multiple Choice $89,700 $102,250 $61,200 $77,500
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