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Wolfgang, who is age 33, records AGI of $125,000. He incurs the following itemized deductions for 2019: Medical expenses [$15,000 (10% x $125,000)] $2,500 State

  1. Wolfgang, who is age 33, records AGI of $125,000. He incurs the following itemized deductions for 2019:

    Medical expenses [$15,000 (10% x $125,000)] $2,500
    State income taxes 4,200
    Charitable contributions 5,000
    Home mortgage interest on his personal residence 6,000
    $17,700

    a. Calculate Wolfgang's itemized deductions for AMT purposes. If an amount is zero, enter "0".

    Medical expenses $
    State income taxes
    Charitable contributions
    Home mortgage interest on his personal residence
    Total $

    b. What is the total amount of his AMT adjustments from these items?

    There is a adjustment of $.

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