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 7.5% of AGI

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Federal Taxation 2019 Comprehensive

ISBN: 9780134833194

32nd Edition

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

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Question Posted: Jan 10, 2020 11:33 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 purc...View the full answer

Federal Taxation 2019 Comprehensive

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