Discuss the AMT formula and how it relates to the regular income tax. Include in your discussion

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Discuss the AMT formula and how it relates to the regular income tax. Include in your discussion factors that cause AMT to be assessed.

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Fundamentals Of Taxation 2015

ISBN: 9781259293092

8th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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Question Posted: Aug 26, 2013 05:14 AM

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Discuss the AMT formula and how it relates to the regular income tax. Include in your discussion

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The AMT is calculated by using regular taxable income and then adjusting for tax preference items ...View the full answer

Fundamentals Of Taxation 2015

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