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Anthony, single, has taxable income of $132000 in the current year. He has a state tax refund of $900 which was included in his table
Anthony, single, has taxable income of $132000 in the current year. He has a state tax refund of $900 which was included in his table income. Anthony also received tax-exempt interest income from private activity bonds issued in 2016 of $1300. He owns a home and paid $8000 for mortgage interest expense and $5800 for property taxes. What is Anthonys AMTI after the AMTI exemption?
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