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Max, who is single and age 30, provides you with the following information from his financial records for 2022. Regular income tax liability $77,003 AMTI

Max, who is single and age 30, provides you with the following information from his financial records for 2022. Regular income tax liability $77,003 AMTI 545,000 Taxable income 295,000 Calculate his AMT exemption for 2022.

a. $75,900

b. $12,275

c. $74,625

d. $0

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