Originally Posted by
NuGuy
Heyas CNI,
Whether it's worthwhile to do all this is a case of "it depends".
For the last ten years, with the exception of 2 (when I wasn't working), I've been subject to the alternative minimum tax. If you get nailed by the AMT, you lose a good portion of these deductions...per diem, dry cleaning, etc, making it pointless to bother.
I don't have kids, a spouse, a mortgage, failed businesses or a load of debt so I'm a bad, bad person in the eyes of the tax code.
Nu