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Which of the following is TRUE about the alternative minimum tax (AMT) for individuals? The Tax Cuts and Jobs Act of 2017 (TCJA) for individual

image text in transcribed Which of the following is TRUE about the alternative minimum tax (AMT) for individuals? The Tax Cuts and Jobs Act of 2017 (TCJA) for individual taxpayers. Substantially increased the AMT exemptions Repealed the AMT Reduced the AMT tax rates Simplified the AMT tax rates by introducing one flat rate for all levels of income

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