Question: Selpct all that app When comparing depreciation rules for regular tax purposes to those for atbemative minimum tar ( AMT ) purposes, which of the
Selpct all that app
When comparing depreciation rules for regular tax purposes to those for atbemative minimum tar AMT purposes, which of the following atabertents are convect?
The allowable recovery periods are longer for all depreciable assets for AMT purposes than for reguar tax purposes.
Dencecimion of real nroperty is the same for both regular tax purposes and AMT pdiposes.
For AMT purposes, the difference between regular tax depreciation and AMT deprecimion a an adjustistet uned to calculate fle AMT base
Section expense is NOT deductible for AMT purposes.
For AMTpurposes, businesses must use the percent deciring belance of the uthaight tine nepod to deprecute tryble personul property.
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