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In 2018, Deon and NeNe are married filing jointly. Deon and NeNe's taxable income is $1,114,000, and they itemize their deductions as follows: real property

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In 2018, Deon and NeNe are married filing jointly. Deon and NeNe's taxable income is $1,114,000, and they itemize their deductions as follows: real property taxes of $17,500, charitable contributions of $26,950, and mortgage interest expense of $46,600o ($700,000 acquisition debt for home). Use Exhibit8-5 and Tax Rate Schedulefor reference a. What is Deon and NeNe's AMT? eon and NeNe's AMT In 2018, Deon and NeNe are married filing jointly. Deon and NeNe's taxable income is $1,114,000, and they itemize their deductions as follows: real property taxes of $17,500, charitable contributions of $26,950, and mortgage interest expense of $46,600o ($700,000 acquisition debt for home). Use Exhibit8-5 and Tax Rate Schedulefor reference a. What is Deon and NeNe's AMT? eon and NeNe's AMT

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