In 2011 sven is single and has 167000 of regular taxable

Reference no: EM13598713

In 2011, Sven is single and has $167,000 of regular taxable income. He itemizes his deductions as follows: real property tax of $3,000, state income tax of $3,800, mortgage interest expense of $16,550 (not a home-equity loan). He also paid $3,300 in tax preparation fees and has a positive AMT depreciation adjustment of $825.

What is Sven's alternative minimum taxable income (AMTI)?

Reference no: EM13598713

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