Question: The alternative minimum tax ( AMT ) is a separate tax system that parallels the regular tax system. The AMT system was designed to ensure

The alternative minimum tax

(

AMT

)

is a separate tax system that parallels the regular tax system. The AMT system was designed to ensure that individuals with large deductions and other tax benefits pay at least a minimum amount of tax.

True

False

The alternative minimum tax ( AMT ) is a separate

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