AGI is used as the base for application of percentage limitations i.e., 20%, 30%, 50%) that apply to the charitable contribution deduction for regular income tax purposes. Modified AGI is used as the base for application of percentage limitations that apply to the charitable contribution deduction for AMT purposes.

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Adjusted Gross Income (AGI) is used for both regular income tax and Alternative Minimum Tax (AMT) purposes when applying percentage limitations to charitable contribution deductions. There is no separate "Modified AGI" for AMT purposes in this context.

AGI Is Used as the Base for Application of Percentage