Question
Yanni, who is single, provides you with the following information for 2015: Salary $80,000 State income taxes $6,800 Mortgage interest expense $6,200 Charitable contributions $1,500
Yanni, who is single, provides you with the following information for 2015:
Salary $80,000
State income taxes $6,800
Mortgage interest expense $6,200
Charitable contributions $1,500
Dividends $1,300
Personal exemption $4,000
Compute the following:
Yanni's taxable income: $
Yanni's AMTI: $
Yanni's tentative minimum tax:$
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
6th Edition
1264101589, 9781264101580
