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Does it make sense to prepay my property tax if I have AMT?

 
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rjs
Level 15
Level 15

Does it make sense to prepay my property tax if I have AMT?

If you are subject to AMT for 2017, prepaying your property tax will not do you any good because the deduction for property tax is disallowed under AMT.

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1 Reply
rjs
Level 15
Level 15

Does it make sense to prepay my property tax if I have AMT?

If you are subject to AMT for 2017, prepaying your property tax will not do you any good because the deduction for property tax is disallowed under AMT.

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