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Which of the following are permitted deductions for purposes of the AMT for an individual taxpayer? A.Medical expenses to the extent that they exceed 7.5%
Which of the following are permitted deductions for purposes of the AMT for an individual taxpayer?
A.Medical expenses to the extent that they exceed 7.5% of AGI. B.Home mortgage interest on a principal residence and two other residences. C.Charitable contributions to the extent they exceed 7.5% of AGI. D.Miscellaneous itemized deductions to the extent they exceed 2% of AGI.
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