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Albert thinks he may be subject to alternative minimum ta this year because he sold his business for a capital gain of $ 4 2

Albert thinks he may be subject to alternative minimum ta this year because he sold his business for a
capital gain of $420,000 and he claimed a capital gains deduction of $200,000. When completing his
regular T1 return, Albert found that his taxable income was $320,000. What is Albert's adjusted taxable
income on his alternative minimum tax return?
O a) $370,000
Ob) $446,000
c) $520,000
Od) $586,667

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