My wife and I are firmly in Alternative Minimum Tax. I don't really understand how this is calculated other than a lot of the breaks you get from the regular tax calculations are removed, and they see if you owe more at a flat 28% tax.Of our bond portion in our portfolio in our taxable investment account a large percentage is in State and Federal Tax-Free bonds.But do we lose the tax-free benefits being that we are in AMT? Also, do we lose the preferential tax rate on long term capital gains and dividends?If so, what would a better tax-advantaged investment strategy be for this money?Chris
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