Question: When comparing depreciation rules for regular tax purposes to those for alternative minimum tax (AMT) purposes, which of the following statements are INCORRECT? (Check all

When comparing depreciation rules for regular tax purposes to those for alternative minimum tax (AMT) purposes, which of the following statements are INCORRECT? (Check all that apply.)

Multiple select question.

For AMT, the total AMT depreciation is always added to regular taxable income to calculate the AMT base.

For AMT purposes, businesses must depreciate tangible personal property using the 200 percent declining balance method.

The allowable recovery periods and conventions are the same for all depreciable assets for AMT purposes as for regular tax purposes.

Depreciation of real property uses longer recovery periods for AMT purposes than for regular tax purposes.

Bonus depreciation is deductible for both regular tax purposes and AMT purposes.

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