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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?
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$70,300.
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$0.
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$111,700.
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$94,350.
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