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8824 tax help, how to determine "AMT adjusted basis of like-kind property you gave up"

 
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8824 tax help, how to determine "AMT adjusted basis of like-kind property you gave up"

The AMT basis is generally the same amount as regular basis, unless you are subject to AMT tax.  The cost basis of a house includes your cost, value of improvements, sales expenses, etc. 

A business vehicle's cost basis would be your cost, less depreciation taken. 

Here's more info:

https://ttlc.intuit.com/replies/6658068.



Edited 4/9/18 6:53 PM