Originally Posted by
sailingfun
The AMT killed me. Very happy with the change in my 2018 taxes. Every Delta pilot was going to be tossed into the AMT with a few years with Delta. They may think they are not saving anything now but they will have significant savings in future years.
There was however another option. I flew with one pilot who refuses to use TurboTax because it always threw him into the AMT. He simply filled out the forms by hand and avoided that pesky AMT.
I've been told of things that were to my knowledge intentional tax fraud as well. I don't believe there is a limitation on the gubmt prosecuting a deliberate fraud. Pretty dangerous territory. OFG