$1$

Required information

$[$The following information applies to the questions displayed below$]$

In $2023,$ Janet and Ray are married filing jointly. They have five dependent children under $18$ years of age. Janet and Ray's taxable income $($all ordinary$)$ is $$2,400,000,$ and they itemize their deductions as follows; state income taxes of $$10,000$ and mortgage interest expense of $$25,000($acquisition debt of $$300,000).$ Use Exhibit $8-5$ and Tax Rate Schedule for reference.

b$.$ Complete Form $6251$ for Janet and Ray.

Note: Visit the IRS website and download Form $6251.$ Enter the required values in the appropriate fields. Save your completed Tax Form to your computer and then upload it here by clicking "Browse." Next, click "Save." Use $2023$ tax rules regardless of the year on the form.