In 2021, Nadia is single and has $114,000 of regular taxable income. She itemizes her deductions as follows: real property taxes of $2,200, state income taxes of $2,700, and mortgage interest expense of $13,500 (acquisition indebtedness of $200,000). In addition, she receives tax-exempt interest of $2,400 from a municipal bond (issued in 2006) that was used to fund a new business building for a (formerly) out-of-state employer. Finally, she received a state tax refund of $650 from the prior year. (Amounts to be deducted should be indicated by a minus sign.) Problem 8-55 Part a-1 (Algo) a-1. What is Nadia's AMTI this year if she deducted $16,750 of itemized deductions last year and did not owe any AMT last year? Description Amount AMTI $ 0 In 2021, Nadia is single and has $114,000 of regular taxable income. She itemizes her deductions as follows: real property taxes of $2,200, state income taxes of $2,700, and mortgage interest expense of $13,500 (acquisition indebtedness of $200,000). In addition, she receives tax-exempt interest of $2,400 from a municipal bond (issued in 2006) that was used to fund a new business building for a (formerly) out-of-state employer. Finally, she received a state tax refund of $650 from the prior year. (Amounts to be deducted should be indicated by a minus sign.) Problem 8-55 Part b-1 (Algo) b-1. What is Nadia's AMTI this year if she deducted the standard deduction last year and did not owe any AMT last year? Description Amount AMTI $