Jacob Is Single with No Dependents

question 5

Multiple Choice

Jacob is single with no dependents.During 2017,Jacob has $110,000 of taxable income.He has $38,000 of positive AMT adjustments and $22,000 of tax preferences.Jacob does not itemize his deductions but takes the standard deduction.Calculate Jacob's AMTI.

• A)$120,350.
• B)$174,100.
• C)$176,350.
• D)$180,400.

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