Avoiding the AMT depreciation adjustment.(alternative minimum tax )Ellentuck, Albert B
MACRS depreciation is calculated under the alternative MACRS system for real estate using a 40-year straight-line recovery and the 150% declining balance method for personal property. When incentive stock options (ISO) are exercised, a positive AMT adjustment must be made for the fair market value...
His depreciation software tells him that AMT depreciation is $38,000. Calculate his AMTI. 不知道嗎? 本學習集中的詞語(4) How to calculate Alternative minimum taxable income (AMTI)? Taxable Income+Standard Deduction (if taken) - most likely not+/- Adjustment + Preferences = AMTI Only ...