Originally Posted by
Davedave
This is where you would normally eat crow but I suspect you’ll double down with emotion when you lost the battle with facts..........
Originally Posted by
iahflyr
My statement still stands.
.......
All those write-off's are gone too. Add in a few thousand dollars for that.
IAH. For AMT, those write offs are gone anyways. Reread what I wrote. If you’re claiming that much in exemptions, AMT will have gotten rid of ALL of those anyways. Under AMT you could ONLY claim home mortgage.
Originally Posted by
Davedave
Now that AMT has raised the exemption limit, and the exemptions which would have forced me to AMT are gone.
I’m a narrow body FO and I hit AMT in 2017. If you hit AMT in 2017, 2018 will be a tax cut for you....