Tax Form 6251

Johnetta Boudreaux, single, had taxable income of $550,000 in 2021. She itemized her deductions which consisted of the following:

State income taxes $ 8,400

Property taxes $ 9,300

Mortgage interest expense $18,900

Charitable contributions $12,000

Johnetta also had a state tax refund from 2020 of $2,400 received in 2021.

She has itemized her deductions for the last seven years.

Johnetta claimed Percentage Depletion of $420,000 for 2021 for a coal mine that she owns. The basis of the property at the end of the year, not including the $420,000, is $180,000. She also has interest of $1,200 from Private Activity Bonds purchased in 2018.

Complete Form 6251 for Johnetta Boudreaux for the year of 2021. Her Social Security Number is 123-45-2020.