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Steve's tentative minimum tax ( T M T ) for 2 0 2 4 i s $ 2 4 6 , 9 0 0 .

Steve's tentative minimum tax (TMT) for 2024is $246,900.
a. What is his AMT if his regular tax is $232,000?
b. What is his AMT if his regular tax is $263,000?
(ALternative minimum tax)
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