MrAnd MrsStern Reported $1,148,340 Alternative Minimum Taxable Income Before Any Exemption

question 67

Multiple Choice

Mr.and Mrs.Stern reported $1,148,340 alternative minimum taxable income before any exemption on their 2019 Form 1040.Calculate their AMT exemption.

• A)$0
• B)$31,935
• C)$109,400
• D)None of the above

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