<<<Additionally, with the rollback in the AMT standard deduction, you may find that a large LTCG exposes your regular income to AMT.>>>While I agree with your answer in general, I think worrying about a lower AMT limit is unnecessary. Once again in 2007, and maybe every year until H*ll freezes over, Congress will pass a stopgap measure to keep 20+ million middle class taxpayers from falling into AMT. Of course, they'll probably wait until the last minute to do it again, thereby driving both taxpayers and the IRS crazy. But they most assuredly will not allow all those VOTERS to get caught by AMT in an election year.Then again, they might surprise us and actually pass a permanent fix or repeal for AMT. Nah, that would be too logical.