Bruce, a single taxpayer, has taxable income of $400,000, a regular tax liability of $114,544,...
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Accounting
Bruce, a single taxpayer, has taxable income of $400,000, a regular tax liability of $114,544, a positive AMT adjustment due to limitations on itemized deductions of $25,000, and tax preferences of $75,000 in 2021. What is Bruce's AMT for 2021?
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