It includes certain adjustments to income but not itemized deductions, such as charitable donations, mortgage interest and state taxes.
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You may have to pay AMT if your taxable income plus certain adjustments is more than the AMT exemption amount.
FORBES: The Minimum Tax is Like Jumbo Shrimp
It also makes certain adjustments on its own, such as when a user switches from flat terrain to an incline.
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In certain very specific cases, these adjustments to the seating chart are unavoidable.
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Sequester alarmists will respond that it is impossible to run the federal government without annual inflation adjustments and without exempting certain government spending.
FORBES: The $995 billion Sequester Cut Is Actually a $110 Billion Spending Increase
It requires adjustments within these countries where certain industries or certain producers may push back.
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That type of action is not conducive to active trading, but a certain point traders must recognize the norm and make adjustments.
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