Which of the common deductions below are allowed for both regular tax purposes and for AMT purposes? The standard deduction Personal and dependency exemptions State income taxes, property taxes, and all other taxes deducted on Schedule A Mortgage interest from the acquisition of a residence costing less than $1 million Miscellaneous itemized deductions taken on Schedule A 18. Which one of the following conditions must be satisfied in order for a married taxpayer to be taxed on only his income if he resides in a community property state? The husband and wife must live apart for the entire year. The husband and wife must live apart for more than half the year. The husband and wife must be in the process of filing for a divorce. Only one of the spouses can be working and earning an income. None of the above. 19. Curly and Rita are married, file a joint return, and have two dependent children, ages 11 and 13. Their AGI is $117,000. By how much is their child credit reduced in 2015? $50 $300 $350 $700 $7,000 The child and dependent care provisions a. Apply only to children under age 15 Are available only to single parents. Are available for spouses incapable of self-care. Are allowed only for taxpayers earning less than $43,000 A parent may elect to include a child's income in the 's return if a. The child is under age b. The child's income is only from interest and dividend distributions. C. The child's gross income is more than $1, 050 and less than $10, 500. D. All of the above must be met for a parent to elect to include a child's income in the parent's return