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Jonathan Is Married,files a Joint Return,and Has One Child

question 5

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Jonathan is married,files a joint return,and has one child.During 2014,Jonathan has $85,000 of taxable income.He has $20,000 of positive AMT adjustments and $28,000 of tax preferences.Since Jonathan rents his home (pays no mortgage interest) and lives in Tennessee (has no state income tax) ,he does not itemize his deductions but takes the standard deduction.Calculate Jonathan's AMTI (before exclusion amount) .


Definitions:

Monitored

Observed closely and routinely checked for any changes or developments.

Hospitalized

The state of being admitted to a hospital for treatment, care, or observation.

Community Support

Assistance provided by a network of individuals or organizations to support members facing personal challenges, promoting wellbeing and cohesion.

Secondary Victimization

The additional trauma that victims may experience through the responses of institutions and individuals to them.

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