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20 Jonathan is married, files a joint return, and has one child. During 2020, Jonathan has $85,000 of taxable income. He has $20,000 of positive
20 Jonathan is married, files a joint return, and has one child. During 2020, Jonathan has $85,000 of taxable income. He has $20,000 of positive AMT adjustments and $28,000 of tax preferences. Since Jonathan rents his home (pays no mortgage interest) and lives in Florida (has no state income tax), he does not itemize his deductions but takes the standard deduction. Calculate Jonathan's AMTI (before exclusion amount). 3 01:45:48 Multiple Choice $157,800 $137,400. $133,000. $129,400
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