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0 Required information Problem 8-58 (LO 8-2 The following information applies to the questions displayed below. Olga is married and files a joint tax return
0 Required information Problem 8-58 (LO 8-2 The following information applies to the questions displayed below. Olga is married and files a joint tax return with her husband. What amount of AMT exemption may she deduct under each of the following alternative circumstances? Exhibit 8-5. (Leave no answer blank. Enter zero if applicable.) Problem 8-58 Part a a. Her AMTI is $390,000. Amount of AMT exemption $ 390,000 XHIBIT 8-5 2018 AMT Exemptions Phase-Out Complete for This Level of AMTI Phase-Out Begins at Exemption $109,400 54,700 70.300 Filing Status This Level of AMTI $1,437,600 718,800 781,200 $1,000,000 Married filing jointly Married filing separately Head of household and single 500,000 500,000
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