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Financial Planning / Tax Strategies
|Subject: Re: amt for 2013?||Date: 8/31/2013 9:39 PM|
|Author: TMFPMarti||Number: 119110 of 121114|
I completed a "what if" in TT and was surprised to see that AMT was triggered - by LT cap gains, apparently.
It could happen. However, your LT gains are still taxed at the LT rate. The effect of AMT is on deductions and the rate charged on your other income.
You can see how it all falls out on Form 6251.
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