Jacob Is Single with No Dependents

question 32

Multiple Choice

Jacob is single with no dependents.During 2014,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) $120,150.
• B) $173,950.
• C) $176,200.
• D) $180,150.

---

Definitions:

Computer Hardware

The physical components of a computer system, such as the CPU, hard drive, RAM, and motherboard.

General Purpose

Designed to be suitable for a wide range of tasks rather than being specialized for any particular one.

Software

Programs and operating information used by a computer to perform specific tasks or functions.

Open Source Software

Software with its source code freely available for modification and distribution, encouraging collaboration and transparency in development.