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Investors & landlords
Is it a big deal,
It's only a big deal "IF" you are subject to AMT tax. From what I see/read in the forums, when it comes to TTX users not that many are subject to the AMT. I know I'm not and never have been. Unless I get lucky and hit the lottery (fat chance of that) I never will be either. For those reasons, I've never really paid much attention to AMT in the IRS pubs. So I'm really not knowledgeable enough on AMT to contribute anything useful on that front. I can best sum it up by saying that I know "just enough" about AMT rules and laws to be downright dangerous. 😋
‎February 23, 2022
5:36 PM