Question
Which of the following itemized deductions will be the same amount for the regular income tax and the AMT? NOTE: AMT stands for Alternative Minimum
Which of the following itemized deductions will be the same amount for the regular income tax and the AMT?
NOTE: AMT stands for Alternative Minimum Tax; AMTI stands for Alternative Minimum Taxable Income
| Real property taxes. | ||
| Medical expenses for a taxpayer age 66. | ||
| Charitable contributions. | ||
| State income taxes. | ||
| None of the above. |
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell
14th Edition
1119707110, 978-1119707110
