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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 $1,085,800, and they itemize their deductions as follows: real property taxes of $14,600, charitable contributions of $26,150, and mortgage interest expense of $53,000 ($700,000 acquisition debt for home). Use Exhibit 8-5 and Tax Rate Schedule for reference. a. What is Deon and NeNe's AMT? (Leave no answer blank.) Deon and NeNe's AMT
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