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  3. Study Set
    Fundamentals of Taxation
  4. Exam
    Exam 13: At-Riskpassive Activity Loss Rules and the Individual Alternative Minimum Tax
  5. Question
    For AMT Purposes,the Standard Deduction and Personal Exemptions Are
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For AMT Purposes,the Standard Deduction and Personal Exemptions Are

Question 12

Question 12

Multiple Choice

For AMT purposes,the standard deduction and personal exemptions are:


A) Allowed for AMT purposes.
B) Added as a positive AMT adjustment.
C) Subtracted as a negative AMT adjustment.
D) Reduced by half for AMT purposes.

Correct Answer:

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