Calculate robin amt for 2021

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1. Ted, who is single, has AMTI of $450,000, which includes qualified dividends of $33,000 (AMTI without the dividends would be $417,000). Calculate Ted's tentative minimum tax for 2021. ___________

2. Russell, who is a head of household and age 42, claimed the standard deduction in 2021 and provides you with the following information from his financial records for 2021.

Regular income tax liability

$153,145

Municipal bond interest income 

122,000

Taxable income

481,000

Calculate Robin's AMT for 2021 (THE AMOUNT ADDED TO THE REGULAR TAX LIABILITY TO GET TO THE TOTAL TENTATIVE AMT). $_____________

Reference no: EM133197469

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