In 2012, maia (who files as a head of household) reported regular taxable income of $115,000. she itemized her deductions, deducting $8,000 in charitable contributions and $3,000 in state income taxes. she claimed exemptions for herself and her son, hermes, ($3,800 each). what is maia's alternative minimum taxable income? $118,000$115,000$118,800$125,600

$125,600

Explanation:

The computation of the alternative minimum taxable income is shown below:

= Taxable income + state income taxes + exemptions for herself + exemptions for her son

= $115,00 + $3,000 + $3,800 + $3,800

= $125,600

For determining the alternative minimum taxable income we have to add the exemptions for herself and her son plus state income tax to the taxable income. We do not include the charitable contributions. Hence, we ignored it

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