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Required information Problem 8-56 (LO 8-2) (Algo) [The following information applies to the questions displayed below] In 2022, Sven is single and has $164,000
Required information Problem 8-56 (LO 8-2) (Algo) [The following information applies to the questions displayed below] In 2022, Sven is single and has $164,000 of regular taxable income. He itemizes his deductions as follows: real property tax of $4,200, state income tax of $6,200, and mortgage interest expense of $26,000 (acquisition debt of $300,000). He also has a positive AMT depreciation adjustment of $4,900. Problem 8-56 Part a (Algo) a. What is Sven's alternative minimum taxable income (AMTI)? Description Amount Regular taxable income i AMTI S 0
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