Calculation of total AMT adjustments for AMTI
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I need to find Allens' AMT adjustments. Don't we just take the expenses and contributions from his AGI?
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Solution Summary
The solution references to line items on a Form 6251 and lists the adjustments that would be entered to properly complete the schedule. The calculation of the adjustments together with an explanation of each is presented too.
Solution Preview
Referring to a Form 6251, the following amounts would be entered:
Line 1 $40,125
Line 2 1,875
Line 3 13,000
Line ...
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