[net.taxes] Two quick questions

dys@homxa.UUCP (D.SZE) (03/19/84)

..

Can anybody help me with two quick questions?

1.  Does the Section 179 deduction count as accelerated
depreciation on the alternate minimum tax?

2.  Is it true that $450 of interest is tax free in 1984
($900 for married couples) as I have read in a tax book?
I've not heard of it anywhere else.

Please reply via mail.  Thanks.

David Sze
Bell Communications Research
homxa!dys
We invented the transistor.