What’s up with that AMT, (Alternative Minimum Tax) tax of $3700.00 for households, taking effect for the 2012 tax year? Read this on a previous post. I’m sure I read it correctly.
“What’s up with that AMT, (Alternative Minimum Tax) tax of $3700.00 for households, taking effect for the 2012 tax year? Read this on a previous post. I’m sure I read it correctly.”
That’s for 2012. You can read it on google. Essentially it means that taxes for 2012 will go up on millions of people if it isn’t “fixed” again soon. The $3,700 number is probably just an average tax hit.