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Financial Planning / Tax Strategies


Subject:  Re: AMT Deductions Date:  11/5/2001  12:31 PM
Author:  jailleres Number:  55009 of 127745

Thanks edcosoft and ptheland for your replies. I have a very complex (by now) spreadsheet to estimate my taxes and have done 2001 and 2002. I came up with the result peter predicted - the cap gains didn't trigger the AMT; the big downside is that AGI is high enough to not get passive losses on the rental house and to lose some of the deductions. But I was worried that I missed something and want to make QUITE certain I'm close before taking any further action.
Thanks, Edcosoft, for the link. I certainly will use the demo software. I understand your software is the best for wash sales, which most tax software doesn't even tackle!

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