If the taxpayer elects the ADS method of depreciation for regular tax purposes, he will also be allowed to use ADS for AMT purposes.

Question

Quizplus · Accepted Answer

If the taxpayer elects to use the Alternative Depreciation System (ADS) for regular tax purposes, they will also be required to use it for AMT purposes. This is because the ADS method generally results in a longer recovery period and lower depreciation deductions than other methods, which aligns with the AMT's goal of limiting tax preferences and deductions.

If the Taxpayer Elects the ADS Method of Depreciation for Regular