A taxpayer who expenses circulation expenditures in the year incurred for regular income tax purposes will have a positive AMT adjustment in the following year.

Name: A taxpayer who expenses circulation expenditures in the year incurred for regular income tax purposes will have a positive AMT adjustment in the following year.
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Question

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Circulation expenditures are not deductible for AMT purposes, so there would be no AMT adjustment in the following year.

A Taxpayer Who Expenses Circulation Expenditures in the Year Incurred