Which of the following could explain why a large number of taxpayers are subject to (or could become subject to) AMT?
A) Regular tax rates have decreased since the AMT was enacted.
B) The AMT exemption amount is indexed to increase with inflation.
C) Property values are decreasing.
D) The personal and dependency exemption amounts are not increasing as fast as the AMT exemption is decreasing.
Correct Answer:
Verified
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