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Jacob is single with no dependents. During 2022, he has $48,000 of taxable income. He also has $28,000 of positive AMT adjustments and $12,000 of

Jacob is single with no dependents. During 2022, he has $48,000 of taxable income. He also has $28,000 of positive AMT adjustments and $12,000 of tax preferences. Jacob does not itemize his deductions but takes the standard deduction. Calculate his AMTI.

Multiple Choice

a. $60,950

b. $88,000

c. $76,000

d. $100,950

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