The AMT exemption for a corporation with $225,000 of AMTI is $18,750.

Question

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The question refers to the AMT exemption for a corporation, which is different from the AMT exemption for individuals. The current AMT exemption for corporations is $0, meaning that all corporations with AMTI (Alternative Minimum Taxable Income) are subject to alternative minimum tax. Therefore, there is no exemption of $18,750 for a corporation with $225,000 of AMTI.

The AMT Exemption for a Corporation with $225,000 of AMTI