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14-5 Which of the following itemized deductions are deductible when computing the alternative minimum tax for individuals? a.Charitable contributions b. Mortgage interest on a loan

14-5

Which of the following itemized deductions are deductible when computing the alternative minimum tax for individuals?

a.Charitable contributions

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

c. State and local income taxes

d. Interest related to an investment in undeveloped land where the individual has no investment income

e. Medical expenses amounting to 9% of AGI

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