In calculating a taxpayer's AMT,adjustments for timing differences will be made for all of the following assets except for
A)incentive stock options.
B)an office building placed in service in 2015.
C)machinery placed in service in 2016 (bonus depreciation is not applicable).
D)All of the above will require a timing adjustment for AMT.

Question

Quizplus · Accepted Answer

B)Only real property placed in service after 1986 and before 1999 require adjustment.

In Calculating a Taxpayer's AMT,adjustments for Timing Differences Will Be