Rodrigo and Raquel are married with no children and reported the following items on their 2018 tax return:
?
$$\begin{array} { l r }
\text { Adjusted gross income } & \$ 190,000 \
\text { Less: Deductions from adjusted } & \
\text { gross income } \
\text { Home mortgage interest } & \$ 10,500\
\text { State income taxes } & 13,000 \
\text { Property taxes } & 7,000\
\text { Charitable contributions }& 4,000
\end{array}$$

Determine Rodrigo and Raquel's regular tax liability and, if applicable, the amount of their alternative minimum tax.

Question

Rodrigo and Raquel are married with no children and reported the following items on their 2018 tax return:
?
 $$\begin{array} { l r } 
\text { Adjusted gross income } & \$ 190,000 \
\text { Less: Deductions from adjusted } & \
\text { gross income }  \
\text { Home mortgage interest } & \$ 10,500\
\text { State income taxes } & 13,000  \
\text { Property taxes } & 7,000\
\text { Charitable contributions }& 4,000
\end{array}$$
 
Determine Rodrigo and Raquel's regular tax liability and, if applicable, the amount of their alternative minimum tax.

Quizplus · Accepted Answer

The Answer of Rodrigo and Raquel are married with no children and reported the following items on their 2018 tax return:
?
 $$\begin{array} { l r } 
\text { Adjusted gross income } & \$ 190,000 \
\text { Less: Deductions from adjusted } & \
\text { gross income }  \
\text { Home mortgage interest } & \$ 10,500\
\text { State income taxes } & 13,000  \
\text { Property taxes } & 7,000\
\text { Charitable contributions }& 4,000
\end{array}$$
 
Determine Rodrigo and Raquel's regular tax liability and, if applicable, the amount of their alternative minimum tax.

Rodrigo and Raquel Are Married with No Children and Reported