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14-9 please :) show work :14-9 :14-16 Brian and Jennifer are a married couple who be- lieve they may be subject to the AMT this

14-9 please :) show work image text in transcribed
:14-9 :14-16 Brian and Jennifer are a married couple who be- lieve they may be subject to the AMT this year. Currently, they calculate their alternative mini- . mum taxable income (AMTI) to be $900,000. a. What is their AMT exemption amount? b. They are considering an opportunity that would allow them to earn additional income this year. As a result of this additional income, they believe that their AMTI will increase by $200,000. What will their AMT exemption be if they recognize the additional income? 1:14-17 V :14-9 :14-16 Brian and Jennifer are a married couple who be- lieve they may be subject to the AMT this year. Currently, they calculate their alternative mini- . mum taxable income (AMTI) to be $900,000. a. What is their AMT exemption amount? b. They are considering an opportunity that would allow them to earn additional income this year. As a result of this additional income, they believe that their AMTI will increase by $200,000. What will their AMT exemption be if they recognize the additional income? 1:14-17 V

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