Jacob does not itemize his deductions but takes the


Jacob is single with no dependents. During 2013, Jacob has $110,000 of taxable income. He has $38,000 of positive AMT adjustments and $22,000 of tax preferences. Jacob does not itemize his deductions but takes the standard deduction. Calculate Jacob's AMTI.

A. $110,000
B. $173,900
C. $176,100
D. $180,000

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Accounting Basics: Jacob does not itemize his deductions but takes the
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