AMT rules out most deductions, e.g. mortgage interests and local taxes. Once triggered, you have to pay at least 28% tax. How could you pay a bit AMT? Nothing else, just want to discuss and learn from you. Thank you in advance.
to Bayfamily: How to pay a bit AMT when you have 200K income?
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BayFamily: 800k+ loan and 200k income (w2)
-soccer123-
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02/28/2007 postreply
19:33:24
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not related to your interest. Your income tax + property tax
-飘雪的日子-
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02/28/2007 postreply
19:46:13
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AMT also is Your income tax.
-soccer123-
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02/28/2007 postreply
20:59:35
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print a 1040 form, schedule A, and AMT forms
-BayFamily-
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02/28/2007 postreply
21:15:26
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按你的收入,房贷利息老早就开始phase out了
-搞不懂就问-
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02/28/2007 postreply
21:36:28
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interest has nothing to do with AMT
-bayfamily-
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02/28/2007 postreply
20:17:05
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Even though you have big mortgage interests
-U6D3-
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02/28/2007 postreply
21:05:10
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ok
-bayfamily-
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02/28/2007 postreply
21:13:56
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回复:interest has nothing to do with AMT
-soccer123-
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02/28/2007 postreply
21:32:08
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回复:interest has nothing to do with AMT
-ChinaPine-
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03/01/2007 postreply
07:59:17