Wednesday
March 29, 2017

Post a New Question

Posted by on .

Jonathan is married, files a joint return, and has one child. During 2011, Jonathan has $85,000 of taxable income. He has $20,000 of positive AMT adjustments and $28,000 of tax preferences. Since Jonathan rents his home (pays no mortgage interest) and lives in Tennessee (has no state income tax), he does not itemize his deductions but takes the standard deduction. Calculate Jonathan's AMTI (before exclusion amount).
A. $133,000.
B. $144,100.
C. $144,600.
D. $155,700.

is it C

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question