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Required information The following information applies to the questions displayed below! In 2021. Deon and NeNe are married filing jointly Deon and NeNe's taxable income

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Required information The following information applies to the questions displayed below! In 2021. Deon and NeNe are married filing jointly Deon and NeNe's taxable income (allordinary is $1085,800, and they itemize their deductions as follows.real property taxes of $14600, charitable contributions of $26150, and mortgage interest expense of $53,000 $700.000 acquisition debt for home). Use Exhibit a 5 and Tax Rate Schedule for reference a. What is Deon and NeNe's AMT? NeeSANI EXHIBIT S-5 2021 AMT Exemptions Phase-Out Complete Phase-Out Begins at Filing Status Exemption This Level of AMTI for This Level of AMTI Married filing jointly $114,600 $1.047,200 $1 505,600 Married filing separately 57,300 523,600 752,800 Head of household and single 73,600 523,600 818,000 2021 Tax Rate Schedules Individual Schedule X Sale Les over Datorer Thetarit $0 59.950 of table in 39950 5805993 of the cover $9.950 5.4033 S8634662 the over 500825 3933 $1602251425120ofthe Over 586.375 316893 32000533.60 plus 125 of the excess Over $164.925 5209,35 552 54750 plus of the center 209.425 3:17.00 5157.25 sf the Over 323.600 Shelly Maria Jose Olifying Wor) Homeincometerinter 50 $19000 SOS 13 VE 319 900 501050 the excess over 5050 SISTERS OS119850 of 418 830 Subb The TE 18:50 LOG. M O . W E R T A . D G

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