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Required information Problem 8 - 5 7 ( LO 8 - 2 ) ( Algo ) [ The following information applies to the questions displayed

Required information
Problem 8-57(LO 8-2)(Algo)
[The following information applies to the questions displayed below.]
Olga is married and files a joint tax return with her husband.
What amount of AMT exemption may she deduct under each of the following alternative circumstances? Exhibit 8-5.
Note: Leave no answer blank. Enter zero if applicable.
Problem 8-57 Part b (Algo)
b. Her AMTI is $1,183,400.
Answer is complete but not entirely correct.
EXHIBIT 8-52023 AMT Exemptions
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