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Old 03-23-2006, 09:49 PM
DDBeast DDBeast is offline
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Join Date: Jan 2005
Location: Austin
Posts: 2,214
Default Re: WTF is this AMT nonsense? (taxes)

I talked to my CPA and was told the AMT only applied if you were doing some tax sheltered type of investments or similar things the IRS deems as 'shady.' I'm claiming a net of $72K from poker (so my total winning sessions are much higher) but I'm not required to pay it.
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