Nancy Yamasaki is a Chief Financial Officer for GoMax Corp.She is single (no children), age 45, and lives at 826 Vista Drive Street in San Carlos, CA 94025. Her social security number is 555-86-1212. Her W-2 for 2019 reads as follows:

Earnings fromGoMax Corp.: $188,000

2019 Federal Income tax withheld: $40,000

2019 State Income tax withheld:$18,000

Nancy's other income is as follows: interest of $3,000 from a CD at Bank of America and interest of $3,750 from corporate bonds issued by PG & E. She also earned $32,000 of tax-exempt private activity bond interest, which is included in Form 6251, line 2g Part I. (Keep in mind this may not be the only item you need to include in Form 6251).

Nancy also has the following payments and written proof of each of them:

• Home mortgage interest (acquisition mortgage) $42,210 (debt amount is under $1 million)
• Credit card interest $2,950
• California auto registration value based property tax ( i.e. the deductible part) on her 2012 sports cars $770
• Auto Insurance Premium $1,770
• State Income taxes paid in April 2019 (for the 2018 California tax return) $17,150
• Federal income taxes paid in April 2019 (for the 2018 Federal return) $2,990
• Property taxes on her home $11,260
• Medical expenses (i.e. prescriptions, doctor co-pays, legitimate stuff) $1,025
• CPA tax preparer fees to handle 2012 IRS audit (no extra tax was due) $9,100

Charitable contributions:

• American Cancer Society $2,000
• University of California, Berkley $12,000
• Esperanza Orphanage ( a charity incorporated in Chile) $500

Required:Complete Nancy's federal tax return for 2019. You will prepare and turn in Form 1040, Sch 2, Sch. A, Sch B and Form 6251. Read carefully what is require to complete Form 6251 to calculate AMT tax.