Which of the following itemized deductions are deductible when computing the alternative minimum tax for individuals? a.

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Which of the following itemized deductions are deductible when computing the alternative minimum tax for individuals?

a. Charitable contributions

b. Mortgage interest on a loan used to acquire a personal residence

c. State and local income taxes

d. Interest related to an investment in undeveloped land where the individual has no investment income

e. Medical expenses in excess of 10% of AGI (taxpayer age 74)

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Federal Taxation 2018 Comprehensive

ISBN: 9780134532387

31st Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Question Posted: Apr 02, 2018 01:26 AM

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Which of the following itemized deductions are deductible when computing the alternative minimum tax for individuals? a.

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a b e only Charitable contributions and mortgage interest related to the purch...View the full answer

Federal Taxation 2018 Comprehensive

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