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To: ProtectOurFreedom
Wouldn’t that trigger AMT on fed taxes?

Most definitely. But it wouldn't reach 50%, unless AMT has been revise further to "punish the rich" since the last I checked into it.

Honestly, $4 millions shouldn't make anyone "rich" these days. It is a healthy retirement fund at best.

8 posted on 12/21/2022 2:49:41 PM PST by fwdude (Society has been fully polarized now, and you have to decide on which pole you want to be found.)
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To: fwdude

Ya know..if I got 4 million and was left say ? 2 million after taxes I could live like a king for the rest of my days...you must have massive debt if 2 million couldn’t keep you a float for your remaining years...I put out less than 15 k a year for all bills...2 million would be a God send to most!


12 posted on 12/21/2022 3:23:36 PM PST by mythenjoseph
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