How many people had to write our government a check for AMT?

 

Not this guy! They are writing ME a check.

 

I did....

 

I got money back for the first time in 7 years

 

$4900 down the drain

 

I did Got raped this year... owed more then 2k

 

I was hoping to get enough for my hot tub but no such luck. Just enough for a new mattress, a new garage door opener, and a impact wrench to change wheels at the track. So really not too bad. Next year it's hot tub for sure.

 

Man you guys all waited til the last minute. My taxes paid for all the mods in my signature back in February...yay school credits!

 

I owed, but I knocked it down pretty good over the past 6 mos taking more out of my check. Don't know what next year will be like, as it will be the first time in a decade I haven't filed jointly.

 

Pissed me off this year.

 

If your paying amt---you need to revisit your write offs. You have something thats triggering amt. find it and dont claim it. I had to drop what I thought was a write off for the wifes job that was trigger it.. You dont get the write off anyway. remember for every dollar you write off you only get .20c credit---so not worth the effort if you end up paying. Now I realize eveyone situaltion is different--just pointing out the obvious.

 

I got over $2k back. Next year won't be the same case I'm sure, but I'd rather take the hit in taxes and get a salary instead of being stuck in school.

-Acree

 

Wrote (well ETF'ed) 5 figures. If you make money you gots to pay money.

 

I thought I would post this here since some don't know what AMT actually is.

http://www.taxpolicycenter.org/brief...ts/amt/who.cfm

 

Not me. I'm far from being considered "well off."