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Celia and Amos, Who Are Married Filing Jointly, Have One

Question 7

Multiple Choice

Celia and Amos, who are married filing jointly, have one dependent and do not itemize deductions. They have taxable income of $82,000 and tax preferences of $53,000 in 2012. What is their AMT base for 2012?


A) $0.
B) $85,925.
C) $94,450.
D) $158,300.
E) None of the above.

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