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What are Carson itemized deductions for AMT purposes

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Reference no: EM132796476

Problem - Carson had the following itemized deductions in 2019:

State income taxes $1,500

Charitable contributions 9,900

Mortgage interest (personal residence) 12,000

Medical expenses [($9,875 - (10% x $75,000)] 2,375

Required -

a. What are Carson's itemized deductions for AMT purposes?

b. What is the amount of the AMT adjustment?

Reference no: EM132796476

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