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Reply to "Ugh AMT!!"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Needing to pay AMT would be a dream come true for most Americans. Just a little reality check folks.[/quote] Supporting a severely disabled child on the AMT - we're totally broke and close to bankruptcy. No fancy vacations, old cars, medium sized house with huge issues, two kids. In the Washington area it's not such a special income. [/quote] +1, we made a few thousand over and got hit with the AMT. We have a small house (not even medium) with many issues, old cars and live very modestly. We do spend a fortune on therapies.[/quote] Sounds tough and probably frustrating. I think that medical expenses, most childcare expenses etc need to be tax deductible. Charity begins at home.[/quote]
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