In 2022, Deon and NeNe are married filing jointly. Deon and NeNes taxable income is $1,090,000, and

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In 2022, Deon and NeNe are married filing jointly. Deon and NeNe’s taxable income is $1,090,000, and they itemize their deductions as follows: real property taxes of $10,000, charitable contributions of $30,000, and mortgage interest expense of $40,000 ($700,000 acquisition debt for home). What is Deon and NeNe’s AMT? Complete Form 6251 for Deon and NeNe.

From 6251

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Related Book For  answer-question

Taxation Of Individuals And Business Entities 2023 Edition

ISBN: 9781265790295

14th Edition

Authors: Brian Spilker, Benjamin Ayers, John Barrick, Troy Lewis, John Robinson, Connie Weaver, Ronald Worsham

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