Nathan is married two children and has AGI of $405000. He also has the following adjustments and preferences:

a itemized deductions:

Medical after floor $5375

, Taxes $34354,

mortgage interest $14900,

contributions $18000

and misc deductions after floor $540.

Depreciation of af rental property purchased in 8/2007 for $210000.

Assets Computer 1 02/12/13 $2900 computer 2 2/12/13 $12000 and incentive stock option

Nathan exercises options to purchase 1000 share at $19 per share when the market value is $26. The regular tax is $79375.

prepare form 6251