LO.2 Use the following data to calculate Martinas AMT base in 2012: Taxable income $170,000 Positive AMT

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LO.2 Use the following data to calculate Martina’s AMT base in 2012:

Taxable income $170,000 Positive AMT adjustments 75,000 Negative AMT adjustments 60,000 AMT preferences 30,000 Martina will file as a single taxpayer.

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