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Which of the Following Items Are Tax Preference Items for Purposes

Question 3

Multiple Choice

Which of the following items are tax preference items for purposes of arriving at alternative minimum taxable income?


A) excess intangible drilling costs on oil and gas properties
B) interest income earned on federal obligations
C) all depreciation claimed on pre-1987 real property acquisitions
D) excess of net long-term capital gains over short-term capital losses

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