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After computing all tax preferences and AMT adjustments, Adam and his wife Cindy have AMTI of $1,090,000. If Adam and Cindy file a joint tax

After computing all tax preferences and AMT adjustments, Adam and his wife Cindy have AMTI of $1,090,000. If Adam and Cindy file a joint tax return, what exemption amount can they claim for AMT for 2019?

  • $70,300.

  • $0.

  • $111,700.

  • $94,350.

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