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AAFM Exam CTEP Topic 7 Question 60 Discussion

Actual exam question for AAFM's CTEP exam

Question #: 60
Topic #: 7

[All CTEP Questions]

In US the exemption amount for Alternative Minimum Tax in the case of estate or trust is _________. The same in the case of married individuals filing a joint return and surviving spouses is ______________.

A$80,800; $51,900

B$22,500; $80,800

C$51,900; $22,500

D$40,400; $51,900

Show Suggested Answer

Suggested Answer: B

by Tamesha at Feb 11, 2025, 04:27 AM

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Bettye

3 months ago

This question is like a maze of numbers and tax jargon. I'm just going to go with the one that has the least amount of digits. Fewer numbers, fewer problems!

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Brande

3 months ago

B) $22,500; $80,800 - I don't know, but at least the numbers sound more reasonable than some of the other options. Taxes, am I right?

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Anglea

2 months ago

I agree, those numbers do sound more reasonable.

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Anglea

2 months ago

Yeah, taxes can be so confusing sometimes.

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Anglea

3 months ago

I think it's option B) $22,500; $80,800.

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Sang

4 months ago

D) $40,400; $51,900 - Hmm, I feel like I'm missing something here. Maybe I should just go with my gut and hope for the best.

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Emeline

3 months ago

I'm going with A) $80,800; $51,900.

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Emeline

3 months ago

I think it's C) $51,900; $22,500.

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Rolande

4 months ago

C) $51,900; $22,500 - Wait, aren't these numbers supposed to be the other way around? Tax stuff always messes with my head.

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Candida

3 months ago

User 2

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Alaine

3 months ago

User 1

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Afton

4 months ago

I'm not sure about the exact amounts, but I think it's important to know for the exam.

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Marilynn

4 months ago

I believe the exemption amount for married individuals filing a joint return is $51,900.

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Letha

4 months ago

A) $80,800; $51,900 - Sounds about right, but I'm not too sure about the details. Tax laws can be a real headache sometimes.

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Magda

3 months ago

D) $40,400; $51,900 - It's always good to consult a tax professional for accurate information.

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Renato

4 months ago

C) $51,900; $22,500 - I always double-check the exemption amounts before filing my taxes.

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Reita

4 months ago

B) $22,500; $80,800 - I think it's important to stay updated on tax laws to avoid any surprises.

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Portia

4 months ago

A) $80,800; $51,900 - Sounds about right, but I'm not too sure about the details. Tax laws can be a real headache sometimes.

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Lewis

4 months ago

User 2

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Luz

4 months ago

User 1

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Cherry

5 months ago

I think the exemption amount for estate or trust is $80,800.

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