​ in the Current Tax Year David, a 32-Year-Old Single

​ In the current tax year David, a 32-year-old single taxpayer, reported itemized deductions of $24,500, comprised of the following amounts. ​
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$6,000 of medical expenses (in excess of 10% of AGI)
4,500 of property taxes on his home
2,500 of investment expenses (not limited by investment income)
3,000 of charitable contributions
8,500 of home mortgage interest
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Which of David's itemized deductions could create an AMT preference?

A) ​All of the itemized deductions potentially create an AMT preference.
B) ​The deduction for medical expenses and property taxes potentially create an AMT preference.
C) ​The deduction for investment expenses and property taxes potentially create an AMT preference.
D) ​None of the itemized deductions potentially create an AMT preference.

Correct Answer:

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