LO.2, 5 Renee and Sanjeev, who are married, had taxable income of $273,000 for 2012. They had

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LO.2, 5 Renee and Sanjeev, who are married, had taxable income of $273,000 for 2012. They had positive AMT adjustments of $38,000, negative AMT adjustments of

$14,000, and tax preference items of $67,500.

a. Compute their AMTI.

b. Compute their tentative minimum tax.

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