For Alternative Minimum Tax Purposes, Taxpayers Are Required to Add

question 172

True/False

For alternative minimum tax purposes, taxpayers are required to add back the regular tax standard deduction amount for their filing status whether or not they itemized deductions for regular tax purposes.

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Definitions:

Quantified Existential

A logical term referring to statements that quantify the existence of some entity or entities in a particular domain.

Open Sentence

An expression or statement that contains one or more variables, which becomes either true or false when specific values are substituted.

Quantified Existential

A logical expression that asserts the existence of at least one instance of a certain property or classification.

Open Sentence

An algebraic expression that contains at least one variable and becomes either true or false when specific values are substituted for the variables.