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Answer to the questions correctly 18. (LO5) If federal AGI is $36,200 and a California resident taxpayer had interest income from Sacramento City bonds of
Answer to the questions correctly 18. (LO5) If federal AGI is $36,200 and a California resident taxpayer had interest income from Sacramento City bonds of $360, what is the amount of California AGI? 19. (LO5) If a taxpayer had $5,600 in unemployment compensation during 2022 and federal AGI of $24,160, what is the taxpayer's California AGI? 20. (LO5) A CA resident taxpayer's federal AGI is $84,500. The federal AGI includes a taxable California income tax refund of $2,100. The taxpayer also has City of Denver interest income of $400 and deducted Federal bonus depreciation of $670. How much is the taxpayer's California AGI? \begin{tabular}{||l|l|} \hline T F & 25.(LO7)MostadjustmentsandpreferenceitemsusedinthecomputationoftheCaliforniaAlternativeMinimumTaxdecreasetheincomeonwhichthetaxiscomputed. \\ \hline$ \$ & 26.(LO7)DelandDawns(MFJ)regulartaxableincomeis$78,415andtheirAlternativeMinimumTaxableIncomebeforetheexemptionis$127,230.HowmuchistheirTentativeAlternativeMinimumTax?Youranswershouldnotconsiderregulartax. \\ \hline \$ & 27.(LO7)Refertoquestion#26.Howmuchtotaltaxmusttheypay?(Nowconsiderregulartax.) \\ \hline T F & 28.(LO8)MostCaliforniataxpayersclaimatleastonecredit. \\ \hline \end{tabular}
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