CPAnet Forum: Can someone explain AMT adjustments

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Topic: Can someone explain AMT adjustments (

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UCFAccountant
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Joined: 07 Dec 2009
Location: United States
Online Status: Offline
Posts: 88

Posted: 24 Feb 2011 at 23:01 \| IP Logged

Becker says they either get added or subtracted ... but doesn't instruct you on what causes them to be. I understand passive activity losses, accelerated dep, nol, etc are taken into account ..... but which way does each go ?

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