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Business, 20.11.2019 22:31 Scourge927

Otto and monica are married taxpayers who file a joint tax return. for the current tax year, they have agi of $80,300. they have excess depreciation on real estate of $67,500, which must be added back to agi to arrive at amti. the amount of their mortgage interest expense for the year was $25,000, and they made charitable contributions of $7,500. they have no other itemized deductions.

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Otto and monica are married taxpayers who file a joint tax return. for the current tax year, they ha...
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