Wrong. It means you didn't tickle the right triggers when filing your income tax. I wouldn't have been hit by AMT if I hadn't claimed the my property taxes and minimal home mortgage interest on my investment/rental. I've been hit the last two years. $740 the first time. $940 the next time. My deductions are declared "single, 0". My wife does the same and has extra taken out to compensate for the "marriage penalty". I also lost my oldest son as a dependent.
Please explain. When I do my taxes, its done with all my deductions. and then compared with the AMT.