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In 2019, Deon and NeNe are married filing jointly. Deon and NeNes taxable income is $1,090,000, and they itemize their deductions as follows: real property

In 2019, Deon and NeNe are married filing jointly. Deon and NeNes taxable income is $1,090,000, and they itemize their deductions as follows: real property taxes of $10,000, charitable contributions of $30,000, and mortgage interest expense of $40,000 ($700,000 acquisition debt for home). Use Exhibit 8-5 and Tax Rate Schedule for reference. a. What is Deon and NeNe's AMT?

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