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Required information [The following information applies to the questions displayed below.] In 2019, Deon and NeNe are married filing jointly. Deon and NeNe's taxable income
Required information [The following information applies to the questions displayed below.] In 2019, Deon and NeNe are married filing jointly. Deon and NeNe's taxable income is $1,205,500, and they itemize their deductions as follows: real property taxes of $18,200, charitable contributions of $27,850, and mortgage interest expense of $56,200 ($700,000 acquisition debt for home). Use Exhibit 8-5 and Tax Rate Schedulefor reference. a. What is Deon and NeNe's AMT? (Leave no answer blank.) Deon and NeNe's AMT
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