Certain Small Business C Corporations Are Not Subject to the Alternative

question 89

True/False

Certain small business C corporations are not subject to the alternative minimum tax (AMT).

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Definitions:

Landscape Contractor

A professional who plans, designs, and maintains outdoor spaces, including gardens and green areas.

Miles

A unit of measure equal to 5,280 feet or approximately 1.609 kilometers, commonly used in the United States to measure distances.

Cyclist

An individual who rides a bicycle, either for sport, recreation, or transportation.

Distance

A numerical measurement of how far apart objects or points are in physical space or time.