Originally Posted by
machz990
I've calculated my taxes for several years two ways:
1. With all per diem and unreimbursed employee expenses.
2. Without No. 1.
I find that the AMT nullifies any/most of the tax advantage and if you have a high 2% AGI threshold you may barely cross it. Is it worth the effort and potential for an audit?
Bingo, the AMT is moving the goalposts every year and trying to take a few deductions triggers it.
Generating a long list of deductions is also more likely to win you the audit prize.