All of the following are allowable deductions under the alternative minimum tax except
A) charitable contributions.
B) medical expenses.
C) qualified housing interest.
D) state income taxes.
D) state income taxes.
Charitable contributions, qualified housing interest, and gambling losses are all itemized deductions that are allowed for AMT purposes. State income taxes are not.
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Indicate whether the statement is true or false
Prepare ______________ to support your decisions on ethical issues
a. witnesses b. policies c. documents d. rationalizations
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