5. LO.2, 4 Identify which of the following are tax preferences:

a. Exclusion for qualified employee discount provided by employer.

b. Exclusion to employee on the employer’s contribution to the employee’s pension plan.

c. Excess of deduction for circulation expenditures for regular income tax purposes over the deduction for AMT purposes.

d. Excess of amortization allowance over depreciation on pre-1987 certified pollution control facilities.

e. Excess of accelerated over straight-line depreciation on real property placed in service before 1987.

f. Real property taxes on the taxpayer’s residence.