Originally Posted by
Overnitefr8
What is the approximate AGI that AMT kicks in? I've never met it yet but with the bonus check and pay raise I think I probably met it last year
Are You Subject to the Limit?
You are subject to the limit on certain itemized deductions if your adjusted gross income (AGI) is more than $309,900 if married filing jointly or qualifying widow(er), $284,050 if head of household, $258,250 if single, or $154,950 if married filing separately. Your AGI is the amount on Form 1040, line 38.
Which Itemized Deductions Are Limited?
The following Schedule A (Form 1040) deductions are subject to the overall limit on itemized deductions.
•Taxes paid—line 9.
•Interest paid*—lines 10, 11, and 12.
•Gifts to charity—line 19.
•Job expenses and certain miscellaneous deductions—line 27.
•Other miscellaneous deductions—line 28, excluding gambling and casualty or theft losses.
https://www.irs.gov/publications/p17/ch29.html