The standard deduction is allowed for regular income tax purposes but is disallowed for AMT purposes.This results in a positive AMT adjustment.

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This statement is true. The standard deduction is a common itemized deduction allowed for regular income tax purposes, but it is not allowed for AMT purposes. As a result, taxpayers who claim the standard deduction for regular tax purposes must add back the standard deduction when calculating their AMT liability. This is known as a positive AMT adjustment.

The Standard Deduction Is Allowed for Regular Income Tax Purposes