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QUESTION

Josephus, an unmarried taxpayer filing single with no dependents, has AGI of $200,000 and reports the following items in 2015:

Josephus, an unmarried taxpayer filing single with no dependents, has AGI of $200,000 and reports the following items in 2015:

Taxable income $160,000

Tax preferences 10,000

AMT Adjustments related to itemized deductions 30,000

Regular tax liability 37,871

What is Josephus’s AMT liability for 2015?

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