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Arjun, a single taxpayer, has $719,000 taxable income, which includes a $240,000 capital gain taxed at 20%. Arjun's alternative minimum taxable income in excess of
Arjun, a single taxpayer, has $719,000 taxable income, which includes a $240,000 capital gain taxed at 20%. Arjun's alternative minimum taxable income in excess of the exemption amount is $937,400. Compute Arjun's regular tax, AMT, and total tax
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