Renee and Sanjeev Patel, who are married, reported taxable income of $1,008,000 for 2022. They incurred positive AMT adjustments of $75,000 and tax preference items of $67,500. The Patels Itemize their deductions. Click here to access the exemption table. a. Compute the Patels' alternative minimum taxable income (AMTI) for 2022. Taxable income 1,008,000 Plus: positive AMT adjustments 75,000 Plus: AMT preference items 67,500 Equals: AMTI 1,150,500 b. Compute the Patel's tentative minimum tax. Computation of AMT Base and Tax AMTI AMT exemption AMT base 1,150,500 b. Compute the Patel's tentative minimum tax. Computation of AMT Base and Tax AMTI AMT exemption AMT base TMT 1,150,500 Phaseout Status Exemption Begins at Ends at Married, joint $118,100 $1,079,800 $1,552,200 Single or head of household 75,900 539,900 843,500 Married, separate 59,050 539,900 776,100