[Code of Federal Regulations]
[Title 26, Volume 1]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR1.55-1]

[Page 446]
 
                       TITLE 26--INTERNAL REVENUE
 
     CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY
 
PART 1--INCOME TAXES--Table of Contents
 
Sec. 1.55-1  Alternative minimum taxable income.

    (a) General rule for computing alternative minimum taxable income. 
Except as otherwise provided by statute, regulations, or other published 
guidance issued by the Commissioner, all Internal Revenue Code 
provisions that apply in determining the regular taxable income of a 
taxpayer also apply in determining the alternative minimum taxable 
income of the taxpayer.
    (b) Items based on adjusted gross income or modified adjusted gross 
income. In determining the alternative minimum taxable income of a 
taxpayer other than a corporation, all references to the taxpayer's 
adjusted gross income or modified adjusted gross income in determining 
the amount of items of income, exclusion, or deduction must be treated 
as references to the taxpayer's adjusted gross income or modified 
adjusted gross income as determined for regular tax purposes.
    (c) Effective date. These regulations are effective for taxable 
years beginning after December 31, 1993.

[T.D. 8569, 59 FR 60557, Nov. 25, 1994]