Ashby, who is single and age 30, provides you with the following information from his financial records for 2019.

Regular income tax liability $147,228

AMTI $725,000

Taxable Income $695,000

Calculate his AMT exemption for 2019

10. Ashby, who is single and age 30, provides you with the following information from his financial records for 2019. Regular income tax liability $ 147,228 AMTI $725,000 Taxable Income $695,000 Calculate his AMT exemption for 2019. $