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! Required information [The following information applies to the questions displayed below.] In 2021, Deon and NeNe are married filing jointly. Deon and NeNe's
! Required information [The following information applies to the questions displayed below.] In 2021, Deon and NeNe are married filing jointly. Deon and NeNe's taxable income (all ordinary) is $1,192,400, and they itemize their deductions as follows: real property taxes of $13,800, charitable contributions of $27,750, and mortgage interest expense of $57,400 ($700,000 acquisition debt for home). Use Exhibit 8-5 and Tax Rate Schedule for reference. a. What is Deon and NeNe's AMT? Deon and NeNe's AMT
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