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Question - Arthur Wesson, an unmarried individual who is age 68, reports taxable incomeof $160,000 in 2015. He records positive AMT adjustments of $40,000 and pref-erences of $35,000. Arthur itemizes his deductions, and his regular tax liability in 2015is $38,000.
a. What is Arthur's AMT?
b. What is the total amount of Arthur's tax liability?
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