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At- risk passive activity loss rules and the individual alternative minimum tax After computing all tax preferences and AMT adjustments, Adam and his wife Cindy

At- risk passive activity loss rules and the individual alternative minimum 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?

Multiple Choice

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

I put the subject I don't have any other information i nedded as soon as possible

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