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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 taxable income
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 $1,152,100, and they itemize their deductions as follows: real property taxes of $10,300, charitable contributions of $25,250, and mortgage interest expense of $44,800 ($700,000 acquisition debt for home). Use Exhibit 8-5 and Tax Rate Schedule for reference. What is Deon and NeNe's AMT? Deon and NeNe's AMT $ 270,886
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