An S Corporation Is Not Subject to the AMT, but Its

question 11

True/False

An S corporation is not subject to the AMT, but its shareholders are in that the S corporation's AMT adjustments and preferences are passed through to them.

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Definitions:

Muscle Fiber

A single muscle cell, typically long and cylindrical, which contracts to produce movement.

ATP

Adenosine triphosphate, a molecule that carries energy within cells, used as a direct source of energy for many cellular processes.

ADP

Adenosine diphosphate, a molecule involved in ATP synthesis, it releases energy when it is converted to ATP in cellular respiration.

Muscle Contraction

The tightening of muscle fibers initiated by electrical impulses, leading to shortening of the muscle and movement or force generation.