Which of the Following Deductions Is Allowed in the Computation

question 13

Multiple Choice

Which of the following deductions is allowed in the computation of alternative minimum taxable income (AMTI) ?

• A)Property taxes paid on a personal residence.
• B)Interest paid on a mortgage incurred to purchase a personal residence.
• C)Interest paid on a home equity debt.
• D)All of the above deductions are allowed.