Mr. and Mrs. Boaz le a joint return on which they claim their four children (all over

Question:

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.