Abigail, who is single, reported taxable income of $315,000 for 2019.She incurred positive AMT adjustments of
$30,000 and tax preference items of $50,000.Abigail itemizes deductions.
a.Compute Abigail's AMTI.
b.Compute Abigail's tentative minimum tax (TMT).

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The Answer of Abigail, who is single, reported taxable income of $315,000 for 2019.She incurred positive AMT adjustments of
$30,000 and tax preference items of $50,000.Abigail itemizes deductions.
a.Compute Abigail's AMTI.
b.Compute Abigail's tentative minimum tax (TMT).

Abigail, Who Is Single, Reported Taxable Income of $315,000 for 2019.She