Question: William is not married, nor does he have any dependents. He does not itemize deductions. His taxable income for 2007 was $87,000. His AMT adjustments

William is not married, nor does he have any dependents. He does not itemize deductions. His taxable income for 2007 was $87,000. His AMT adjustments totaled $125,000. What is Williams’s AMT for 2007? (Hint: Don’t forget the personal exemption.)


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