ACC 2205 Mitch, age 46, who is single and has no dependents
January 8th, 2018
Mitch, age 46, who is single and has no dependents, had AGI of $100,000 in 2015. His potential itemized deductions were as follows:Medical expenses (before percentage limitation)$15,000State income taxes4,000Real estate taxes8,000Mortgage (qualified housing and residence) interest12,000Cash contributions to various charities6,000Unreimbursed employee expenses (before percentage limitation)5,300Assuming Mitch did itemize his dedcutions correctly, what is the amount of Mitch’s AMT adjustment for itemized deductions for 2015?$15,300.$17,300.$12,000.$27,300.None of the above