Thread: Thanks Barry.
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Old 01-30-2013, 09:17   #14
SC Tiger
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Join Date: Aug 2011
Location: South Carolina
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I've been reading and some of this is based on the Alternative Minimum Tax. I'm still trying to get my head around the whole thing but basically Congress forgot to re-set the income that qualifies for AMT so it is now at $45,000 for married couples. There are exemptions as well that don't qualify if you pay AMT.

Perhaps someone more knowledgeble in tax law can help me figure this out.
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