WTF is this AMT nonsense? (taxes) - Two Plus Two Newer Archives

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WTF is this AMT nonsense? (taxes)

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03-23-2006, 09:49 PM

DDBeast

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Join Date: Jan 2005

Location: Austin

Posts: 2,214

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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