Question: Olga is married and files a joint tax return with her husband. What amount of AMT exemption may she deduct under the following alternative circumstances?

Olga is married and files a joint tax return with her husband. What amount of AMT exemption may she deduct under the following alternative circumstances? (Use 2014 AMT exemption amounts.)
a. Her AMTI is $90,000.
b. Her AMTI is $180,000.
c. Her AMTI is $490,000.

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