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For all the following cases, assume that taxable income does not include any dividend income or capital gain. Required: a.) Compute AMT (if any) if

For all the following cases, assume that taxable income does not include any dividend income or capital gain. Required:

a.) Compute AMT (if any) if Mr. and Ms. Bakers, married filing jointly, reported taxable income of $213,000 and AMTI before exemption of $214,700.

b.) Compute AMT (if any) if Mr. Costas, single taxpayer, reported taxable income of $187,830 and AMTI before exemption of $209,700.

c.) Compute AMT (if any) if Ms. Juma's, a single taxpayer, reported taxable income of $668,875 and AMTI before exemption of $797,600.

Assume the taxable year is 2022.

Use Individual Tax Rate Schedules.

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