​Which of the Following Statements Regarding Differences in the Corporate

Multiple Choice

​Which of the following statements regarding differences in the corporate and the individual AMT calculation is most correct? ​

A) ​The corporate AMT does not provide for a minimum tax credit.
B) ​Both the corporate and the individual AMT exemption amounts phase out once a certain level of AMTI is reached.
C) ​Unlike the corporate AMT, the only credit available to reduce an individual's tentative minimum tax (TMT) is the foreign tax credit.
D) ​Both the individual and the corporate AMT rates are graduated.