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Reply to "AMT -- about how much do you have to make to be subject to it?"
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[quote=Anonymous]Our HHI has varied a lot over the past few years (with me working, then becoming a SAHM) in the low to medium-high $100s but we have never paid the AMT before. My DH has become a partner in his firm and his income will likely be increasing over time. Our AGI will probably be $175k or so this year. At what point do I need to start worrying about the AMT? The form is really complex, and I can sit down and go through it line by line (or use the AMT Assistant on the IRS website), but I was thinking if anyone here had gone from not paying it to paying it, maybe they could give me a ballpark number. Since he is now a partner he is self employed for tax purposes and I do all of our financial planning and withholding. [/quote]
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