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Pastimes : Where the GIT's are going

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To: sandintoes who wrote (159730)2/24/2008 11:41:21 PM
From: stock leader  Read Replies (1) of 225578
 
talking about random topics... Anyone here pay AMT tax since 2004? it is a federal tax on upper middle class and up individuals. Accountants often mis-compute the true liability thus costing taxpayers unnecessary monies.

Even fixed income seniors or retirees have fallen into the AMT trap ... this may occur when they would sell a rental property or a vacation home in a given year and realize a big gain.

you know anyone in this category? let me know. afterall who wants to pay extra hundreds or thousands to the IRS
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