Question
Sylvester files as a single taxpayer during 2022. He itemizes deductions for regular tax purposes. He paid charitable contributions of $7,100, real estate taxes of
Sylvester files as a single taxpayer during 2022. He itemizes deductions for regular tax purposes. He paid charitable contributions of $7,100, real estate taxes of $1,700, state income taxes of $5,500, and mortgage interest of $1,700 on $31,200 of acquisition indebtedness on his home. Sylvester's regular taxable income is $195,000.
What is Sylvester's AMTI?
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The Handbook Of Financial Instruments
Authors: Frank J. Fabozzi
1st Edition
0471220922, 978-0471220923
