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! Required information [The following information applies to the questions displayed below.] In 2021, Sven is single and has $168,000 of regular taxable income.
! Required information [The following information applies to the questions displayed below.] In 2021, Sven is single and has $168,000 of regular taxable income. He itemizes his deductions as follows: real property tax of $4,400, state income tax of $6,400, and mortgage interest expense of $27,000 (acquisition debt of $300,000). He also has a positive AMT depreciation adjustment of $5,300. a. What is Sven's alternative minimum taxable income (AMTI)? Description Amount AMTI $ 0
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