Martin Nissenbaum
Martin Nissenbaum
avoid figure fill interest plus saying send
They'll be able to figure it out and they'll send you a bill, plus interest and potentially a penalty. You can't avoid AMT by saying you won't fill out the form.
benefit extra federal high situation state
It probably doesn't make sense to postpone making the extra deductions because even in a high state-tax situation the federal benefit still outweighs the state cost.
congress money people slam
Congress wised up to that. They weren't going to let people slam money into those
expenses people realize win
People don't realize that if they win they can actually take a deduction for expenses they incurred or if they had losses.
expect kids pay people taxes
People don't expect it. The presumption is that when you pay taxes that are deductible you won't have to pay tax again. Just having a lot of kids can put you into the AMT.
expect kids pay people taxes
People don't expect it, ... The presumption is that when you pay taxes that are deductible you won't have to pay tax again. Just having a lot of kids can put you into the AMT.
pink red
I'd say it's a pink flag, not a red flag. It's not necessarily going to get you audited, but you have to be careful.
based dividends fund holding mutual qualified received work
You need to work through which of the qualified dividends you received from a mutual fund are actually qualified based on the holding period.
based family income law passed saves table
The law was passed in October, so if you're not the kind of person who saves every receipt you can use a table based on your income and family size.
advantages chance fast key low
The key advantages are the low chance of inaccuracy, and the fast refund.