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What are carson itemized deductions for amt purposes

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Reference no: EM133150266

Question - Carson had the following itemized deductions in 2020:

State income taxes $2,000

Charitable contributions 8,800

Mortgage interest (personal residence) 12,000

Medical expenses [$10,975 - (10% x $75,000)] 3,475

Required -

a. What are Carson's itemized deductions for AMT purposes?

b. What is the amount of the AMT adjustment?

Reference no: EM133150266

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