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Jim and Jane file jointly and have AMTI of $1,000,000 before considering their AMT exemption. What is their AMT exemption amount in 2020? $0 $113,400

Jim and Jane file jointly and have AMTI of $1,000,000 before considering their AMT exemption. What is their AMT exemption amount in 2020?

$113,400

$56,700

$1,000,000

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