For Purposes of the AMT,only the Foreign Tax Credit and Refundable

question 63

True/False

For purposes of the AMT,only the foreign tax credit and refundable personal credits are allowed to reduce the tentative minimum tax.

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Definitions:

Scientific Method

A procedure for acquiring knowledge that emphasizes collecting concrete data through observation and experimentation.

Research Method

A systematic approach to collecting data and analyzing it to answer a specific question or test a hypothesis.

Analyze Data

The process of systematically applying statistical, logical, or mathematical techniques to describe and evaluate data.

Paradigm Shift

A major change in basic assumptions of a particular scientific discipline.