help in homework

New User?

Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Brooklyn files as a head of household for 2020

Brooklyn files as a head of household for 2020

Accounting

Brooklyn files as a head of household for 2020. She claimed the standard deduction of $18,650 for regular tax purposes. Her regular taxable income was $100,500. 
What is Brooklyn's AMTI? 
 

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Computation of Brooklyn's AMTI:

Here,

AMTI = Adjusted Minimum Taxable Income

 

Description

Amount (in$)
   
Total Income 100,500
Less: Standard Deduction 18,650

AMTI

81,850

 

Note:

As per federal law, the standard deduction amount in 2020 is $12,400 for single filers, $24,800 for married couples, and $18,650 for heads of household.

Sitejabber (5.0)

BBC (5.0)

Trustpilot (4.9)

Google (5.0)