If a gambling loss itemized deduction is permitted for regular income tax purposes,the amount of the gambling loss itemized deduction for AMT purposes is the same.

Name: If a gambling loss itemized deduction is permitted for regular income tax purposes,the amount of the gambling loss itemized deduction for AMT purposes is the same.
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Quizplus · Accepted Answer

For both regular tax and AMT purposes, gambling losses are deductible to the extent of gambling winnings, so the treatment is the same.

If a Gambling Loss Itemized Deduction Is Permitted for Regular