Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What triggers AMT Tax?

AMT tax triggers
0
Posted

What triggers AMT Tax?

0

I am not much of a tax person but can somebody tell me what the trigger points are that cause AMT tax to kick in. I believe higher income levels play a part but are there other things like large amounts of investment income and high property tax deductions. I tried to read the AMT worksheet but I couldn’t figure out what was really causing me to pay AMT each year.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123