L earned $200,000 on the LPGA.She has deductible self-employment away-from-home expenses of $100,000 and current year's circulation expenditures of $90,000.L uses the standard deduction.Determine L's regular taxable income, and her alternative minimum taxable income.
A) $10,000, $10,000
B) $6,900, $10,000
C) $95,900, $100,000
D) $500, $70,000
Correct Answer:
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