Exercise $12-22($LO$.2,3,5)$

Yanni, who is single, provides you with the following information for $2023$:

Salary $$250,000$

State income taxes $25,000$

Mortgage interest expense on principal residence $($$$480,000$ mortgage$)21,600$

Charitable contributions $18,000$

Interest income $13,000$

Click here to access the exemption table.

Compute the following:

a$.$ Yanni's taxable income: $fill in the blank $1$

$213,400$

b$.$ Yanni's AMT base: $fill in the blank $2$

c$.$ Yanni's tentative minimum tax:

$fill in the blank $3$Exercise $12-22($Lo$.2,3,5)$

Yanni, who is single, provides you with the following information for $2023$:

Click here to access the exemption table.

Compute the following:

a$.$ Yanni's taxable income:

$$213,400$

b$.$ Yanni's AMT base:

c$.$ Yanni's tentative minimum tax:Exercise $12-22($Lo$.2,3,5)$

Yanni, who is single, provides you with the following information for $2023$:

Click here to access the exemption table.

Compute the following:

a$.$ Yanni's taxable income:

$$213,400$

b$.$ Yanni's AMT base:

c$.$ Yanni's tentative minimum tax: