Winston and Maxine Shelton are a married couple filing jointly. They have no children and report the following items in 2019:

Taxable income $130,000

Tax preferences $24,000

AMT adjustments related to itemized deductions $28,000

Regular tax liability $20,317

Requirement :

Select the labels and complete the table below to determine the Shelton's alternative minimum tax (AMT). Then, determine Winston's

AMT liability if he were an unmarried taxpayer filing single with a regular tax liability of $25,375

a. What is the Shelton's AMT liability?

b. What would be Winston AMT liability if he were an unmarried taxpayer filing single with a regular tax liability of $25,375? On Tax Accounting