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Required information Problem 8-58 (LO 8-2) The following information applies to the questions displayed below. Olga is married and files a joint tax return with
Required information Problem 8-58 (LO 8-2) 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 (Leave no answer blank. Enter zero if applicable.) Problem 8-58 Part b b. Her AMTI is $1,080,000. nt of AMT exemption EXHIBIT 8-5 2018 AMT Exemptions Phase-Out Begins at Phase-Out Complete for This Level of AMTI Filing Status ExemptionThis Level of AMTI Married filing jointly Married filing separately Head of household and single $109,400 54,700 70,300 $1,000,000 500,000 500,000 $1,437,600 718,800 781,200
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