All of your taxes are not deductible for AMT purposes, so they get added back into income on Form 6251. So both your state income tax and your property tax are lost as deductions.You also mentioned employee business expenses. Take a look at Schedule A, near the bottom. If there's anything on line 27, that amount is also not deductible for AMT.I'm guessing it's those two items that put you into AMT territory. In some higher-tax states, like CA and NY, it's pretty hard to avoid AMT once your income gets high enough.--Peter
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