2 systems.
AMT usually triggers in when your marginal rate is well above 28% or just reaches 33%. AMT rate is 26% or 28%, while under normal tax mechanism, quite some of your income is taxed @ 10%, 15% or so.
AMT usually triggers in when your marginal rate is well above 28% or just reaches 33%. AMT rate is 26% or 28%, while under normal tax mechanism, quite some of your income is taxed @ 10%, 15% or so.
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