Cindy,who is single and age 68,has no dependents and has adjusted gross income of $50,000 in 2016.Her potential itemized deductions are as follows.

Medical expenses (before percentage limitation)
$10,000
State income taxes
2,500
Real estate taxes
4,000
Mortgage (qualified housing and residence)interest
5,500
Unreimbursed employee expenses (before percentage limitation)
2,600

What are Cindy's AMT adjustments for itemized deductions for 2016?

Question

Cindy,who is single and age 68,has no dependents and has adjusted gross income of $50,000 in 2016.Her potential itemized deductions are as follows.
​
Medical expenses (before percentage limitation)
$10,000
State income taxes
2,500
Real estate taxes
4,000
Mortgage (qualified housing and residence)interest
5,500
Unreimbursed employee expenses (before percentage limitation)
2,600
​
What are Cindy's AMT adjustments for itemized deductions for 2016?

Quizplus · Accepted Answer

The Answer of Cindy,who is single and age 68,has no dependents and has adjusted gross income of $50,000 in 2016.Her potential itemized deductions are as follows.
​
Medical expenses (before percentage limitation)
$10,000
State income taxes
2,500
Real estate taxes
4,000
Mortgage (qualified housing and residence)interest
5,500
Unreimbursed employee expenses (before percentage limitation)
2,600
​
What are Cindy's AMT adjustments for itemized deductions for 2016?

Cindy,who Is Single and Age 68,has No Dependents and Has