Question
Sylvester files as a single taxpayer during 2022. He itemizes deductions for regular tax purposes. He paid charitable contributions of $7,400, real estate taxes of
Sylvester files as a single taxpayer during 2022. He itemizes deductions for regular tax purposes. He paid charitable contributions of $7,400, real estate taxes of $1,300, state income taxes of $6,650, and mortgage interest of $1,300 on $31,050 of acquisition indebtedness on his home. Sylvester's regular taxable income is $135,000. What is Sylvester's AMTI?
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The Practice Of Modern Internal Auditing
Authors: Lawrence B Sawyer
1st Edition
B0006C58OA, 978-0894130120
