Tax planning can be complicated, but a better understanding of the tax code will enable you to pay every cent you owe to Uncle Sam without leaving a tip. If you find yourself paying the AMT each year, it is worth taking the time to understand why and what you can do about it.
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ACEP Now: Vol 34 – No 02 – February 2015
Dr. Dahle is the author of The White Coat Investor: A Doctor’s Guide to Personal Finance and Investing and blogs. He is not a licensed financial adviser, accountant, or attorney and recommends you consult with your own advisers prior to acting on any information you read here.
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One Response to “Tips to Avoid Paying Alternative Minimum Tax”
February 14, 2015
MarianI really have to commend you on this article. I’ve been surfing websites all day trying to find a clear explanation of why the marginal tax rate on AMT in my case is definitely not 28%, but 35%. You said it the best, and in a medical website. Too funny!