Question
Sylvester files as a single taxpayer during 2018. He itemizes deductions for regular tax purposes. He paid charitable contributions of $14,300, real estate taxes of
Sylvester files as a single taxpayer during 2018. He itemizes deductions for regular tax purposes. He paid charitable contributions of $14,300, real estate taxes of $3,000, state income taxes of $6,750, and mortgage interest of $3,400 on $32,700 of acquisition indebtedness on his home. Sylvesters regular taxable income is $144,000.
What is Sylvesters AMTI?
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Essentials Of Federal Taxation 2018
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
9th Edition
1260007642, 978-1260150292, 1260150291, 978-1260007640
