Eileen is a single individual with no dependents.Her adjusted gross income for 2013 is $60,000.She has the following items that qualify as itemized deductions.What is the amount of Eileen's AMT adjustment for itemized deductions for 2013?
$\begin{array}{lr}
\text { Medical expenses (before limitations) } & \$ 12,000 \
\text { Mortgage interest on a qualified residence } & 8,000 \
\text { Charitable contribution of a Rockwell portrait } & \
(\$ 12,000 \mathrm{FMV} ; \$ 10,000 \text { basis) } & 12,000\\text { State income taxes paid and withheld } & 3,000 \
\text { Real estate taxes paid } & 1,500 \
\text { Unreimbursed employee expenses (before limitation) } & 2,400 \
\text { Income tax return preparation fee (before limitation) } & 400
\end{array}$

Question

Eileen is a single individual with no dependents.Her adjusted gross income for 2013 is $60,000.She has the following items that qualify as itemized deductions.What is the amount of Eileen's AMT adjustment for itemized deductions for 2013?
 $\begin{array}{lr}
\text { Medical expenses (before limitations) } & \$ 12,000 \
\text { Mortgage interest on a qualified residence } & 8,000 \
\text { Charitable contribution of a Rockwell portrait } & \
(\$ 12,000 \mathrm{FMV} ; \$ 10,000 \text { basis) } & 12,000\\text { State income taxes paid and withheld } & 3,000 \
\text { Real estate taxes paid } & 1,500 \
\text { Unreimbursed employee expenses (before limitation) } & 2,400 \
\text { Income tax return preparation fee (before limitation) } & 400
\end{array}$

Quizplus · Accepted Answer

The Answer of Eileen is a single individual with no dependents.Her adjusted gross income for 2013 is $60,000.She has the following items that qualify as itemized deductions.What is the amount of Eileen's AMT adjustment for itemized deductions for 2013?
 $\begin{array}{lr}
\text { Medical expenses (before limitations) } & \$ 12,000 \
\text { Mortgage interest on a qualified residence } & 8,000 \
\text { Charitable contribution of a Rockwell portrait } & \
(\$ 12,000 \mathrm{FMV} ; \$ 10,000 \text { basis) } & 12,000\\text { State income taxes paid and withheld } & 3,000 \
\text { Real estate taxes paid } & 1,500 \
\text { Unreimbursed employee expenses (before limitation) } & 2,400 \
\text { Income tax return preparation fee (before limitation) } & 400
\end{array}$

Eileen Is a Single Individual with No Dependents