QUESTION 18 Which of the following is not an adjustment or tax preference item for 2019 for purposes of the individual alternative minimum tax (AMT)? a. Interest from private activity bonds b. State income tax refunds c. Cash charitable contributions d. All of these are adjustment or tax preference items for AMT e. Certain passive losses QUESTION 19 Mary sells to her father, Robert, her shares in AA Corp for $55,000. The shares cost Mary 580,000. How much loss may Mary claim from the sale? a $55,000 b. None of these is correct c. $80,000 d. $25,000 O. SO QUESTION 20 If a loss from sale or exchange of property between related parties is disallowed and the property is subsequently sold to an unrelated party, a. The disallowed loss is lost forever. b. The disallowed loss may be used if there is a further loss on the subsequent sale. c. The disallowed loss may be used to offset gain on the subsequent sale. d. An amended return may be filed to claim the loss previously disallowed. Click Save and Submit to save and submit. Click Save All Answers to save all answers MeBook Pro