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Compute mr and mrs boazs alternative minimum taxable incomeo

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Mr. and Mrs. Boaz file a joint return on which they claim their four children (all over age 14) and Mr. Boaz's mother as dependents. Their AGI is $134,300, and they have the following itemized deductions:

State income tax...$ 7,925

Local real and personal property taxes...5,122

Qualified interest on a home equity loan...4,377

Charitable contributions...5,330

Miscellaneous itemized deductions...769

$23,523

On the basis of these facts, compute Mr. and Mrs. Boaz's alternative minimum taxable income (AMTI) before any exemption amount.

Reference no: EM13887619

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Compute mr and mrs boazs alternative minimum taxable incomeo : Mr. and Mrs. Boaz file a joint return on which they claim their four children (all over age 14) and Mr. Boaz's mother as dependents. Their AGI is $134,300, and they have the following itemized deductions:On the basis of these facts, compute Mr. and M..
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