Which of the following are tax adjustments or preference items for purposes of the alternative minimum tax?

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a. $\$ 20,000$ net long-term capital gain over net short-term capital losses

b. $\$ 3,000$ net short-term capital gain

c. $\$ 10,000$ straight-line depreciation on building acquired in 1989

d. \$1,500 interest from City of Buffalo bonds

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CCH Federal Taxation 2019 Comprehensive Topics

ISBN: 9780808049081

2019 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 27, 2024 04:01 AM

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Which of the following are tax adjustments or preference items for purposes of the alternative minimum tax?

Question:

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For purposes of the alternative minimum tax AMT certain items of income and deduction are treated di...View the full answer

CCH Federal Taxation 2019 Comprehensive Topics

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