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EXHIBIT 8-5 2021 AMT Exemptions Filing Status Exemption Phase-Out Complete Phase-Out Begins at for This Level of This Level of AMTI AMTI $1,505,600 Married filing
EXHIBIT 8-5 2021 AMT Exemptions Filing Status Exemption Phase-Out Complete Phase-Out Begins at for This Level of This Level of AMTI AMTI $1,505,600 Married filing jointly Married filing separately Head of household and single $114,600 57,300 73,600 $1,047,200 523,600 752,800 818,000 523,600 Required information [The following information applies to the questions displayed below.] Olga is married and files a joint tax return with her husband. What amount of AMT exemption may she deduct under each of the following alternative circumstances? Exhibit 8-5. (Leave no answer blank. Enter zero if applicable.) a. Her AMTI is $390,000. Amount of AMT exemption b. Her AMTI is $1,080,000. Amount of AMT exemption c. Her AMTI is $1,600,000. Amount of AMT exemption
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