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Required information Problem 8-56 (LO 8-2) (The following information applies to the questions displayed below.) In 2019, Sven is single and has $140,000 of regular
Required information Problem 8-56 (LO 8-2) (The following information applies to the questions displayed below.) In 2019, Sven is single and has $140,000 of regular taxable income. He itemizes his deductions as follows: real property tax of $3,000, state income tax of $5,000, and mortgage interest expense of $20,000 (acquisition debt of $300,000). He also has a positive AMT depreciation adjustment of $2,500. Problem 8-56 Part a a. What is Sven's alternative minimum taxable income (AMTI)? Description Amount $ 0
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