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    Federal Taxation
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    Exam 12: Alternative Minimum Tax
  5. Question
    Interest Income on Private Activity Bonds Issued Before 2009 and After
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Interest Income on Private Activity Bonds Issued Before 2009 and After

Question 3

Question 3

True/False

Interest income on private activity bonds issued before 2009 and after 2010, reduced by expenses incurred in carrying the bonds, is a preference item that is included in computing AMTI.

Correct Answer:

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