Reva and Josh Lewis Had Alternative Minimum Taxable Income of $350,000

question 86

Multiple Choice

Reva and Josh Lewis had alternative minimum taxable income of $350,000 in 2014 and file a joint return.For purposes of computing the alternative minimum tax,their exemption is

• A)$33,725.
• B)$52,800.
• C)$48,375.
• D)$82,100.

---

Definitions:

Mesonephros

The mesonephros is the middle of the three pairs of embryonic kidneys that develop in vertebrates, functioning transiently and later contributing to the genital system in males.

Secondary Palate

The part of the palate that separates the nasal cavities from the oral cavity in mammals, contributing to the ability to eat and breathe simultaneously.

Mandibular Processes

Refers to the extensions or projections of the mandible bone, which contribute to jaw formation and are critical in chewing and speech.

Foramen Ovale

In the fetal heart, the oval opening in the septum secundum; the persistent part of septum primum acts as a valve for this interatrial communication during fetal life; postnatally, the septum primum becomes fused to the septum secundum to close the foramen ovale, forming the fossa ovale.