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when should the alternative minimum tax nol be computed duane paid 500 fir a new washing...

when should the alternative minimum tax nol be computed

duane paid 500 fir a new washing machime he place in service in his rental house in may 2017 he did not take the special depreciation allowance and is depreciating the machine using regular macrs and the half year convention
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the alternative minimum tax nol be computed under the following circumstances:

1. Anytime There Is An NOL Anytime

2. A Casualty Or Theft Loss Has Occurred

3. Whenever A Taxpayer Has Any Minimum Tax Adjustments Or Prefrence Items In The Loss Year Or In Any Year To Which The Loss Is Carried

4. Whenever The Taxpayers AGI Is Greater Than $150000.

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