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Financial Planning / Tax Strategies


Subject:  Re: AMT-- down the wire?! Date:  11/22/2010  4:08 PM
Author:  Wradical Number:  111480 of 127747

Is it me, or it the AMT 'fix' REALLY late this year?,,id=207573,00.html

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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