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Author: katiewa Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121594  
Subject: Re: How did I pay alternative minimum tax? Date: 4/20/2011 11:49 AM
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All your state income taxes get added back into your AGI, and AMT taxes refigured on that amount. If you have any depreciation, a portion of that (probably) gets added back in. And you add back in all your exemption amounts.

AMT affects LOTS of people--even if it's just jumping through the hoops to see if you have to fill out the form to see if you have to pay. Not fun.

Kathleen
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