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When Calculating AMTI,individual Taxpayers Must Add Back the Following

Question 18

Multiple Choice

When calculating AMTI,individual taxpayers must add back the following:
I.The standard deduction amount.
II.Casualty and theft losses.


A) Only statement I is correct.
B) Only statement II is correct.
C) Both statements are correct.
D) Neither statement is correct.

Correct Answer:

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