11. Sam is single, 30, and has no children. He made a salary of $250,000 with $40,000 in Federal withholding. He has the following items:

Medical8,000

Mortgage interest5,000

Credit card interest2,000

Property tax2,500

Sales tax1,500

State income tax withheld22,000

Charitable contributions1,000

Tax return preparation fee500

Please show your work. Use 2019 tax law.

a/Compute the adjusted gross income.

b/Compute the itemized deductions before any limitations.

c/Compute the itemized deductions after any limitations.

d/Compute the taxable income.

e/Compute the tax liability.

f/Is he subject to alternative minimum tax? Why or why not?

g/Compute his tax refund or tax due.