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Author: KnowNotMuch Three stars, 500 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121179  
Subject: Re: AMT exemption amount 2008 Date: 8/4/2008 9:38 PM
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Probably along the lines of a thousand or two one way or the other. So set that money aside in case it's needed and move on with life.


I agree. Although, 45k redemption versus 65k exemption is 20k difference. Multiplied with 26% is about 5k in taxes (unless I missed something because the whole dang AMT calculation is not that straightforward).

In our case, we are on the crisp from two-income to one-income. So the 5k extra may tip the scale and not knowing either way is, well, idiotic.

Maarten
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