The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: AMT-- down the wire?!||Date: 11/22/2010 4:08 PM|
|Author: Wradical||Number: 111480 of 120432|
Is it me, or it the AMT 'fix' REALLY late this year?
This seems absurd! Anyone know if its even on the congressional agenda yet?
Yes, it's really late. But it's been really late the last 3-4 years or so. And it's absolutely on their agenda. In fact the committee chairmen have written the IRS commissioner to give their informal assurances that the exemption amounts will be raised to $47,450 (single) and $72,450 (joint), which are up slightly from 2009, but up a lot from where they would be without Congressional action.
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