Bob, an unmarried taxpayer filing single, has no dependents and reports the following items on his 2019 federal income tax return: BE: (Click the icon to view the items reported in 2019.) 5 (Click the icon to view the 2019 AMT exemption amounts.) Read the requirements. Requirement a. What is the amount of Bob's AMT adjustments related to itemized deductions? Complete the table below to determine Bob's total AMT adjustments related to itemized deductions. (If a box is not used in the table, le AMT adjustments: Total adjustments Adjusted gross income Taxable income 73,000 50,000 6,859 21,000 Regular tax liability Tax preferences Itemized deductions including: Charitable contributions Medical expenses (before AGI floor) Mortgage interest on personal residence 9,500 8,000 9,000 4,100 7,300 State income taxes Real estate taxes (before limitations) Alternative Minimum Tax - 2019 If AMTI minus the exemption amount is: The Tax Is: Of the Amount But Not Over- Over- Over- $ 0 $ 194,800 * 26% 28% $ $ 194,800 * $ 50,648 * + 194,800 *$ 194,800MFS and $50,648MFS for married taxpayers filing separately. 2019 Basic 2019 Phaseout Exemption Threshold 510,300 AMT exemption and phase-out amounts: Unmarried individuals (other than surviving spouses and heads of households) Married individuals filing joint returns and surviving spouses Married individuals filing separate returns 71,700 $ 111,700 55,850 1,020,600 510,300