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Meg, who is single and age 36, provides you with the following information from her financial records. TAXPAYER MEG INFORMATION FROM FINANCIAL RECORDS 49,990 Regular

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Meg, who is single and age 36, provides you with the following information from her financial records. TAXPAYER MEG INFORMATION FROM FINANCIAL RECORDS 49,990 Regular income tax liability AMT adjustments AMT preferences 40,000 20,000 Taxable income 190,000 Calculate her AMT exemption for 2020. Select one: a. $34,375 O b. $ . 0. $40,250 o d. $ 5,875

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