- Addition of personal exemptions
- Addition of the standard deduction or itemized deductions for state and local taxes, interest, most miscellaneous deductions and part of medical deductions
- Subtraction of taxable refund of state and local taxes
- Changes to accelerated depreciation of property
- Difference in the gain or loss on property sales.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/6173/common-amt-adjustments "