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4) Yanni, who is single, provides you with the following information for 2022. Salary $250,000 State income taxes 25,000 Mortgage interest expense on principal residence
4) Yanni, who is single, provides you with the following information for 2022.
| Salary | $250,000 |
| State income taxes | 25,000 |
| Mortgage interest expense on principal residence ($480,000 mortgage) | 21,600 |
| Charitable contributions | 18,000 |
| Interest income | 13,000 |
- What is Yannis 2022 taxable income?
- What is Yannis 2022 AMT base?
- What is Yannis 2022 TMT?
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Financial Accounting
Authors: Strayer University
1st Edition
0470603526, 978-0470603529
