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Subject:  Re: AMT LTCG Date:  2/24/2013  7:39 PM
Author:  TMFPMarti Number:  117882 of 127749

This is my situation for 2012: I have about $225K AGI with around $203K of LTCG or qualified dividends and $22K or so of other income (non qualified dividends, income from business and STCG). Using the 1040 cap gains worksheet I get tax of around $27K but when I run through the AMT form this gives an additional $26K or so tax which seems way off.

I have a feeling you're messing up somewhere on the 6251. I ran your basic numbers with the standard deduction through software and came up with AMT of $26K and change, which is less than the $28K and change that I get with regular rules. That would mean a zero AMT adjustment.

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