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...
Report Abuse. The Dawes Act was put in act on February 8, 1887 regarding the distribution of land to Native Americans in Oklahoma. Named after its sponsor, U.S. Senator Henry L. Dawes of Massachusetts, the act was amended in 1891 and again in 1906 by the Burke Act.The act remained in effect until 1934.he Dawes Act allotted federal land to Indians in Oklahoma in the 1880s (Oklahoma was just a territory then, not a state). Each Indian family got a number of acres. It also made the Indians US citizens. An Indian family could get 160 acres to farm, 80 acres to ranch (cattle) or 40 acres for just a homestead.