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Deductions & credits
Possibly. There is no quick and easy formula to compute Alternate Minimum Taxes. You can use tax planning software like Intuit Taxcaster.
There is not a version for five years from now, but you can get an idea based on what your projections will be, The threshold will probably be changed. They are currently ridiculously low.
Alternative Minimum Tax: Common Questions - TurboTax Tax Tips & Videos (intuit.com)
‎October 20, 2021
6:32 AM
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