Tax Schedule

Taxable Income	Marginal Tax Rate
first $25,000	10%
from $25,000 to $75,000	15%
from $75,000 - $125,000	20%
from $125,000 - $175,000	25%
over $175,000	30%

Jim Schmeckems, a single head of household, had an annual income of $200,000. There were no exclusions or adjustments for tax purposes. The exemptions for Jim and his dependents total $10,000. His total itemized deductions amount to $24,000. The standard deduction is $9,000. Use the tax tables above to compute Jim's tax liability.

Suppose the AMT were calculated in the following (oversimplified) way: 18.2% of AGI. What would Jim's tax liability be in this case as described in question 20 (i.e., ignore the commission check mentioned in question 21)? $__________