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Financial Planning / Tax Strategies


Subject:  Re: Expense and income clumping Date:  11/16/2012  5:42 PM
Author:  Bob78164 Number:  116930 of 124773

NaggingFool writes (in part):

Property taxes. Our city usually produces a bill before the year is over, so I can pay some of the 2013 expenses in 2012.

I reply:

If you're going to be subject to AMT in 2012, then accelerating property tax payments won't help. Those aren't deductible in the AMT calculation. --Bob
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