Olga is married and files a joint tax return with her, Financial Accounting

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Olga is married and files a joint tax return with her

Olga is married and files a joint tax return with her husband.

a. What amount of AMT exemption may she deduct under each of the following alternative circumstances? (Use 2016 AMT exemption amounts.) (Leave no answer blank. Enter zero if applicable.)

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b. Her AMTI is $247,000.

What is the amount of her AMT exemption?

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Financial Accounting: Olga is married and files a joint tax return with her

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Financial Accounting: Olga is married and files a joint tax return with her

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