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Caprice is a single 42-year-old with income of $14,000 in 2019. She lacked minimum essential coverage for 7 months in 2019. What is her individual

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Caprice is a single 42-year-old with income of $14,000 in 2019. She lacked minimum essential coverage for 7 months in 2019. What is her individual shared responsibility payment amount? a. $405.44 b. $695.00 C. $0 d. $50.00 e. None of these choices are correct. Which of the following is not an adjustment or tax preference item for 2019 for purposes of the individual alternative minimum tax (AMT)? a. Certain passive losses b. Interest from private activity bonds c. Cash charitable contributions d. State income tax refunds e. All of these choices are adjustment or tax preference items for AMT. Which of the following types of interest are likely to be deductible in 2019? a. Interest on personal credit cards b. Interest on a $90,000 home equity line used to pay college tuition c. Interest on a $40,000 home equity line used to buy a car d. Interest on a $150,000 mortgage on a principle residence e. All of these choices are likely to be deductible

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