2. Roger & Trish file MJ. They have gross tax liability of $93,257. They take the standard deduction. They are aged 77 & 69 respectively. They have a tax preference item of $45,000. Their taxable income is $408,200. Compute in good vertical form the amount of AMT they have. How much if any AMT do they owe? Capital-Gain And Qualified Dividend Rates For 2019 (10X5XA)) Taxable income (Including Capital Gains And Dividends) HOH MFS Tax Rate Single Joint Estates & Trusts $ 39,375 $ 52,750: $ 2,650, $ 39,375 0% - Less Than : $ 78,750 15% - At Least $ 78,750 Less Than $488,850 $ 39,375 $434,550 $ 52,750 $461,700 $ 2,650 $12,950 $ 39,375 $244,425 20% -"Equal Or More Than $488,850 $461,700 $434,550 $244,425 $12,950 Practice Alert! The long-term capital gains rate on collectibles is the lesser of 1) 28% or 2) the regular income tax rate on ordinary income, The long-term capital gains rate on "unrecaptured 1250 gain" is the lesser of 1) 25% or 2) the regular income tax rate on ordinary income. 2. Roger & Trish file MJ. They have gross tax liability of $93,257. They take the standard deduction. They are aged 77 & 69 respectively. They have a tax preference item of $45,000. Their taxable income is $408,200. Compute in good vertical form the amount of AMT they have. How much if any AMT do they owe? Capital-Gain And Qualified Dividend Rates For 2019 (10X5XA)) Taxable income (Including Capital Gains And Dividends) HOH MFS Tax Rate Single Joint Estates & Trusts $ 39,375 $ 52,750: $ 2,650, $ 39,375 0% - Less Than : $ 78,750 15% - At Least $ 78,750 Less Than $488,850 $ 39,375 $434,550 $ 52,750 $461,700 $ 2,650 $12,950 $ 39,375 $244,425 20% -"Equal Or More Than $488,850 $461,700 $434,550 $244,425 $12,950 Practice Alert! The long-term capital gains rate on collectibles is the lesser of 1) 28% or 2) the regular income tax rate on ordinary income, The long-term capital gains rate on "unrecaptured 1250 gain" is the lesser of 1) 25% or 2) the regular income tax rate on ordinary income