Question
Calculate the 2017 AMT exemption amount for the following cases for a married taxpayer filing jointly, and a married taxpayer filing separately. Case AMT 1
Calculate the 2017 AMT exemption amount for the following cases for a married taxpayer filing jointly, and a married taxpayer filing separately.
Case | AMT |
1 | $150,000 |
2 | $300,000 |
3 | $800,000 |
Click here to access the exemption table. Do not round computations, but round your final amounts to the nearest dollar. For each case above, compute the AMT exemption for 2017. Note: If an amount is zero, enter a "0". Do not round your intermediate computations and round your final answer to nearest dollar.
Case | Married Jointly Married | Married Filing Separately |
1 | $ | $ |
2 | $ | $ |
3 | $ | $ |
Marrie, Joint exemption - $84,5000 Begins at $160,900 and ends at $498,900
Single or head of household - $54,300 Begins at $120,700 and ends at $337,900
Married, separate - $42,250 Begins at $80,450 and ends at $249,450
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