= Homework: HW1_Due 9.6 Quest Data table Edward, an unmarried taxpayer fling single, has no dependents and reports the following items on (Click the loon to view the items reported in 2021.) (Click the icon to vie Read the requirements % State income taxes and real estate taxes % Total adjustments Requirement b. What is Edward's AMT liability for 20217 10.000 10.000 Complete the table below to determine Edward's AMT liability for 2021. (Round all currency AMT Adjustment for temized deductions Plus Taxable income Tax preferences $ 10.000 52,000 21,000 Altemative minimum taxable income (AMT) $ 83,000 Minus: AMT Exemption amount Alternative minimum tax base amount AMT Tax rate Tentative minimum tax Minus: Regular income tax liability Alterative minimum tax (AMT) Calculator Ask my instructor Adjusted gross income Taxable income $ 70,000 52.000 Regular tax ability Tax preferences Itemized deductions including: 7,189 21,000 Charitable contributions 5,500 Medical expenses (before AGI floor) 9,000 Mortgage interest on principal residence 8,500 State income taxes 4,000 Real estate taxes (before limitations) 7.900 Print Done Unmarried individuals (other than surviving spouses and heads of households) Married individuals filing joint returns and surviving spouses Married individuals filing separate retums Print Done oints 2021 Exemption 73,000 114,000 57,300