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    Federal Taxation
  4. Exam
    Exam 15: Alternative Minimum Tax
  5. Question
    The Required Adjustment for AMT Purposes for Pollution Control Facilities
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The Required Adjustment for AMT Purposes for Pollution Control Facilities

Question 1

Question 1

True/False

The required adjustment for AMT purposes for pollution control facilities placed in service in 2015 is equal to the difference between the amortization deduction allowed for regular income tax purposes and the depreciation deduction computed under ADS.

Correct Answer:

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