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Nathan is married with two children and has AGI of $405,000. He also has the following AMT adjustments and preferences: Itemized deductions: medical after floor:$5,375

Nathan is married with two children and has AGI of $405,000. He also has the following AMT adjustments and preferences:

Itemized deductions:

medical after floor:$5,375 regular tax taxes: $34,354 regular tax mortgage interest:$14,900 regular tax charitable: contributions:$18,000 regular tax

Depreciation of a rental property purchased in August 2008 for $210,000.

Depreciation on personal property: asset computer 1 $2,900 cost 2/12/2015 purchase date asset furniture 1 $12,000 cost 2/12/2015 purchase date

Incentive stock option: Nathan exercises options to purchase 3,000 shares at $19 per share when the market value is $26.

Prepare Form 6251 for the calculation of AMT

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