Question: ! Required information Problem 8-62 (LO 8-2) (Algo) [The following information applies to the questions displayed below.) In 2021, Deon and NeNe are married filing

! Required information Problem 8-62 (LO 8-2) (Algo) [The following information

! Required information Problem 8-62 (LO 8-2) (Algo) [The following information applies to the questions displayed below.) In 2021, Deon and NeNe are married filing jointly. Deon and NeNes taxable income (all ordinary) is $1,110,100, and they itemize their deductions as follows: real property taxes of $18,700, charitable contributions of $26,750, and mortgage interest expense of $50,200 ($700,000 acquisition debt for home). Use Exhibit 8-5 and Tax Rate Schedule for reference. Problem 8-62 Part a (Algo) a. What is Deon and NeNe's AMT? Deon and NeNe's AMT 257,194

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