Answer by Hilmar for Refiguring for AMT, detailed instructions
AMT is certainly one of the more challenging parts of the US tax code (which isn't easy to start with).The problem with AMT is that it can generate horribly entangled multi-year dependencies and in...
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The instructions are actually pretty detailed.Every year you must track your taxes based on the "regular" calculation and the "AMT" calculation. For vast majority of the US taxpayers, that would be the...
View ArticleRefiguring for AMT, detailed instructions
I really wanted to understand my federal taxes, so I decided to prepare them for 2023 "by hand" using the fillable PDF forms offered by the IRS. No problems -- except for one thing. I'm now trying to...
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