Problem 15-48 (LO. 5, 6) Bonnie, who is single, reports a zero taxable income this year. Bonnie itemizes her deductions and takes the personal exemption. She reports positive AMT timing adjustments of $200,000 and other AMT positive adjustments of $100,000 for the year. Click here to access exemption tables. If required, round your answers to the nearest dollar. If an amount is zero, enter "O". a. Compute Bonnie's AMTI and AMT. AMTI computation Taxable income (before personal exemption) Plus: timing adjustments Plus: AMT exclusion items $4,050 200,000 100,000 304,050 AMTI AMT exemption AMT base AMT computation Tentative minimum tax Less: regular income tax liability 0 AMT Problem 15-48 (LO. 5, 6) Bonnie, who is single, reports a zero taxable income this year. Bonnie itemizes her deductions and takes the personal exemption. She reports positive AMT timing adjustments of $200,000 and other AMT positive adjustments of $100,000 for the year. Click here to access exemption tables. If required, round your answers to the nearest dollar. If an amount is zero, enter "O". a. Compute Bonnie's AMTI and AMT. AMTI computation Taxable income (before personal exemption) Plus: timing adjustments Plus: AMT exclusion items $4,050 200,000 100,000 304,050 AMTI AMT exemption AMT base AMT computation Tentative minimum tax Less: regular income tax liability 0 AMT