CPA Regulation (REG) - Alternative Minimum Tax

1

Of the following, which are allowable itemized deductions for computing AMT income?

2

The credit for prior year AMT liability may be carried:

3

The credit for prior year AMT liability may be carried:

4

Which of the following is not an adjustment or preference to arrive at alternative minimum taxable income?

5

Of the following is not an adjustment or preference to arrive at AMTI?

6

West is single, has no dependents, and does not itemize. West provides the following information regarding his current-year’s return:

What is the amount of West’s AMT tax preference items?

Alternative Minimum Tax