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Level 1
June 1, 2024
Question

If filing a Joint Tax Return, can taxpayers elect to deduct their itemized deductions in lieu of the Standard Deduction for purposes of reducing their AMT?

  • June 1, 2024
  • 2 replies
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2 replies

sjrcpa
Level 15
June 1, 2024

No. You use either Itemized Deductions or Standard Deduction for both Regular Tax and AMT

The more I know the more I don’t know.
Level 2
June 1, 2024

yes