Jacob is single with no dependents.During 2016,Jacob has $110,000 of taxable income.He has $38,000 of positive AMT adjustments and $22,000 of tax preferences.Jacob does not itemize his deductions but takes the standard deduction.Calculate Jacob's AMTI.
A)$174,050.
B)$176,300.
C)$120,300.
D)$180,350.

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The Answer of Jacob is single with no dependents.During 2016,Jacob has $110,000 of taxable income.He has $38,000 of positive AMT adjustments and $22,000 of tax preferences.Jacob does not itemize his deductions but takes the standard deduction.Calculate Jacob's AMTI.
A)$174,050.
B)$176,300.
C)$120,300.
D)$180,350.

Jacob Is Single with No Dependents