QUESTION 56 Jeff paid $75 a share for 1,000 shares of stock under an incentive stock option plan where he works. At the time he exercised his option, the stock was selling for $100 a share. For purposes of computing alternative minimum taxable income, which of the following statements is correct? Jeff must add back to regular taxable income $75,000. Jeff must add back to regular taxable income $25,000. Jeff must subtract from regular taxable income $75,000. Jeff must subtract from regular taxable income $25,000. None of the above.