How is the AMT intangible drilling costs (IDC) preference calculated?

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South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts

ISBN: 1389

41st Edition

Authors: William H. Hoffman, William A. Raabe, James C. Young, Annette Nellen, David M. Maloney

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Question Posted: Jan 30, 2018 08:34 AM

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How is the AMT intangible drilling costs (IDC) preference calculated?

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The AMT IDC preference is computed using a twostep process as follows IDC ...View the full answer

South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts

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