3.) How do the passive loss rules and the at-risk rules work in conjunction to limit losses? 4.) Discuss the AMT formula and how it relates to the regular income tax. Include in your discussion factors that cause AMT to be assessed. 5.) What AMT adjustment items are likely to affect all taxpayers who itemize their deductions? Give examples. 6.) Are the depreciation lives the same for AMT purposes as for regular tax purposes? If not, how are the lives determined for AMT?