Charitable contributions-state and local income, Financial Accounting

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Charitable contributions-state and local income

Under the Alternative Minimum Tax for individual taxpayers, which of the following itemized deductions are allowed:

I. Mortgage interest on a loan used to acquire a personal residence

II. Medical expenses amounting to 9% of AGI

III. Charitable contributions

IV. State and local income taxes

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Financial Accounting: Charitable contributions-state and local income

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Financial Accounting: Charitable contributions-state and local income

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