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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:

Peninsular Ranges

A group of mountain ranges that stretch along the Pacific Coast from Southern California to Baja California.

Volcanic Rocks

Igneous rocks formed from the cooling of magma or lava on the surface of the Earth or its near surface, including basalt and rhyolite.

Granite

A coarse-grained igneous rock composed mainly of quartz, feldspar, and mica, commonly used in construction.

Metamorphic Rocks

Rocks that have undergone transformation in their mineral composition or structure due to extreme heat, pressure, or chemically active fluids.

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