Which of the Following Items Are Tax Preference Items for Purposes

question 8

Multiple Choice

Which of the following items are tax preference items for purposes of arriving at alternative minimum taxable income?

• A)excess intangible drilling costs on oil and gas properties
• B)interest income earned on federal obligations
• C)all depreciation claimed on pre-1987 real property acquisitions
• D)excess of net long-term capital gains over short-term capital losses