Carson had the following itemized deductions in 2019: State income taxes..................................................$1,500 Charitable contributions...........................................9,900 Mortgage interest (personal residence)...............12,000
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Carson had the following itemized deductions in 2019:
State income taxes..................................................$1,500
Charitable contributions...........................................9,900
Mortgage interest (personal residence)...............12,000
Medical expenses [$9,875-(10% ×$75,000)]...........2,375
a. What are Carson’s itemized deductions for AMT purposes?
b. What is the amount of the AMT adjustment?
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Related Book For 
Fundamentals Of Taxation 2020 Edition
ISBN: 9781260483147
13th Edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler
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