Question: Problem 6 - 1 1 The Individual Alternative Minimum Tax ( AMT ) ( LO 6 . 5 ) Rachel and Ross file jointly in

Problem 6-11 The Individual Alternative Minimum Tax (AMT)(LO 6.5) Rachel and Ross file jointly in 2024 and have alternative minimum taxable income of $1.3 million prior to the AMT exemption. Compute their exemption and AMTI after the exemption. Line Item Description Amount Exemption $fill in the blank 1 AMTI

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