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Deductions & credits
Hi Dave,
I am also being asked about the AMT.
Does the AMT only apply to foreign income categories or also domestic income categories?
If I have income from domestic rental property, (I am not a full time real estate professional) would this count as needing to choose the Complicated Method?
Also, if we ever need to contact the IRS for changing the elected method how would we do that? Do they have an email? About how long would it take?
‎April 12, 2022
8:11 PM