How to Submit A Question to the AMT Advisor. AMT Preferences. In General. In calculating alternative minimum taxable income (AMTI), in addition to adding back or subtracting AMT adjustment items (Code Sec. 56), under Code Sec. 57, taxpayers must add back certain AMT preference items. The AMT preference items are: Depletion; Excess Intangible drilling costs; Interest on private activity bonds
The Dawes Act was designed as an attempt to assimilate American Indians into the culture at large. At the same time it gave the government power over Indian tribal lands, dividing them individually...
Under the Dawes Act, the head of each Native American family received 160 acres in an effort to encourage Native Americans to take up farming, live in smaller family units that were considered more American and renounce tribal loyalties.n this day in 1887, President Grover Cleveland signs the Dawes Severalty Act into law. The act split up reservations held communally by Native American tribes into smaller units and distributed these units to individuals within the tribe.