The computation of the alternative minimum tax base begins with regular taxable income. Which of the following is not part of the formula for computing the alternative minimum tax base?
A. Add back tax-exempt interest from a private activity bond not issued in 2009 or 2010
B. Subtract the AMT exemption amount (if any)
C. Add the standard deduction amount if used for regular tax
D. Subtract state income taxes paid
Answer: D
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