The sale of business property might result in an AMT adjustment.

Question

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The sale of business property may result in an Alternative Minimum Tax (AMT) adjustment, which is calculated separately from regular tax liability. This is because certain deductions and credits that are allowed in the regular tax system are limited or disallowed under the AMT rules. A taxpayer may have to pay AMT if the alternative minimum tax amount is higher than their regular tax amount.

The Sale of Business Property Might Result in an AMT