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List at Least Two AMT Preferences And/or Adjustments and Show

question 63

Essay

List at least two AMT preferences and/or adjustments and show the simplified formula for calculating AMT. Do not include dollar exemption amounts or the tax rate schedule.


Definitions:

Pound

A unit of weight in the British imperial and the United States customary systems of measurement, equal to 16 ounces.

Lb

The abbreviation for pound, a unit of mass or weight in the British customary system of measurement.

Gram

A metric unit of mass equal to one-thousandth of a kilogram.

Pint

A unit of volume measurement used chiefly in the U.K. and the U.S., equal to half a quart or approximately 568 milliliters in the U.K. and 473 milliliters in the U.S.

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