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    Federal Taxation
  4. Exam
    Exam 15: Alternative Minimum Tax
  5. Question
    AMT Adjustments Can Be Both Positive and Negative in Calculating
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AMT Adjustments Can Be Both Positive and Negative in Calculating

Question 5

Question 5

True/False

AMT adjustments can be both positive and negative in calculating AMTI,whereas AMT tax preferences can be only positive.

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