Yanni, who is single, provides you with the following information for 2020: Salary $128,200 State income taxes 12,820 Mortgage interest expense 11,538 Charitable contributions 2,564 Interest income 1,923 Click here to access the exemption table. If required, round your answers Compute the following: a. Yanni's taxable income: b. Yanni's AMT base: C. Yanni's tentative minimum tax:

Yanni, who is single, provides you with the following information for 2020: Salary $128,200 State income taxes 12,820 Mortgage interest expense 11,538 Charitable contributions 2,564 Interest income 1,923 Click here to access the exemption table. If required, round your answers Compute the following: a. Yanni's taxable income: b. Yanni's AMT base: C. Yanni's tentative minimum tax:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Subject: acounting