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Determine the tax due, including the alternative minimum tax, for Sally Jenkins, assuming she is single using the following tax information : TAX YEAR 2020

Determine the tax due, including the alternative minimum tax, for Sally Jenkins, assuming she is single using the following tax information : TAX YEAR 2020

- Adjusted Gross Income= $100,000

-Itemized Deductions= 20,000

-Alternative Minimum Tax Itemized Deductions= 12,000

- Tax Preference items = 40,000

-General Business Credit = 17,000

*please include notes/formulas on how to get to the answer so I can take good notes.*

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