Use the following data to calculate Chiara's 2016 AMT base. Chiara files as a single taxpayer and

Question:

Use the following data to calculate Chiara's 2016 AMT base. Chiara files as a single taxpayer and itemizes her deductions.
Taxable income .........................................$148,000
Positive AMT adjustments
(does not include personal exemptions)............. 73,000
Negative AMT adjustments .............................55,000
AMT preferences .........................................30,000