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Alternative Minimum Tax (AMT)
Posted by
Ryan Thompson in
New Rules for 2009 on
08 3rd, 2009 |
no responses
If you are paying estimated taxes in 2009, there is a change with the Alternative Minimum Tax (AMT) that the IRS suggests you consider.
The AMT exemption amount is increased to $46,700 ($70,950 if married filing jointly or a qualifying widow(er); $35,475 if married filing separately).
For more information about the AMT, check out the AMT Assistant on the IRS website.
