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Exercise 1 2 - 2 2 ( Algorithmic ) ( LO . 2 , 3 , 5 ) Yanni, who is single, provides you with
Exercise AlgorithmicLO
Yanni, who is single, provides you with the following information for :
Salary $
State income taxes
Mortgage interest expense on principal residence
Charitable contributions
Interest income
Click here to access the exemption table. If required, round your answers to the nearest dollar.
Compute the following:
a Yanni's taxable income: $fill in the blank
b Yanni's AMT base: $fill in the blank
c Yanni's tentative minimum tax:
$fill in the blank
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