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Money and Finances
Reply to "Alternative Minimum Tax"
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[quote=Anonymous]There are certain things one can do to try to avoid the AMT, but it is not always easy, but once it hits there really is nothing you can do to get out of it. The software will (or I guess should) run taxes both ways but if the AMT applies, it applies, and the most you can do is try to avoid it next year. You can try to eliminate some deductions but that rarely improves the tax situation. [/quote]
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