Question 8 1 pts A small business owner sells his/her stock in the small business. S/he is allowed to exclude 50% of the capital gains in that sale. However, due to being subject to AMT in the year of the sale O The entire capital gain is taxable, but the tax paid on that can be used to offset regular income tax in future years. O The entire capital gain is taxable with no future offsets related to this transaction. O 7% is permanently not allowed in the 50% capital gain exclusion O 7% is not allowed in the 50% capital gain exclusion, but the tax paid on that can be used to offset regular income tax in future years Question 9 1 pts Strategies for tax planning related to AMT include all of the following except O Advise clients to defer major medical expenses so that they are paid only every other year O Advise clients to keep track of AMT deferral items in case the client is not subject to AMT every year O Advise clients of the potential AMT impact to interest on private aactivity bonds O Discuss strategies for exercising incentive stock options if the client is only sometimes subject to AMT