Betty is age 34 and has AGI of $50,000 and regular taxable income of $35,000. The following

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Betty is age 34 and has AGI of $50,000 and regular taxable income of $35,000. The following items may qualify as itemized deductions for Betty:

What is the alternative minimum taxable income (AMTI)?
a. $35,000
b. $37,500
c. $37,000
d. $52,800

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South-Western Federal Taxation 2022 Essentials Of Taxation Individuals And Business Entities

ISBN: 9780357519431

25th Edition

Authors: Annette Nellen, Andrew D. Cuccia, Mark Persellin, James C. Young, David M. Maloney

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