Purpose of the individual alternative minimum tax


Which of the following is not an adjustment or tax preference item for 2012 for purposes of the individual alternative minimum tax?

A. State income tax refunds

B. Certain passive losses

C. Miscellaneous itemized deductions

D. Cash charitable contributions

E. All of the above are adjustment or tax preference items for AMT

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Accounting Basics: Purpose of the individual alternative minimum tax
Reference No:- TGS043553

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