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To: RKBA Democrat

Anyone here know what “patch” was applied to AMT? I got slammed last year, and it has affected our lifestyle (had to write a check for $3500, and increase monthly deductions by $300). It was all AMT. It’s like buying a car, except you don’t get anything.


8 posted on 12/07/2008 7:13:34 AM PST by bobsatwork
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To: bobsatwork

Every year, Congress has to act to raise the minimum income where the AMT applies from some ridiculous amount to a slightly less ridiculous amount. They did so. Unfortunately, though, if you got caught in the AMT last year, chances are you will this year as well.


9 posted on 12/07/2008 7:24:34 AM PST by RKBA Democrat (Lord Jesus Christ, Son of God, have mercy on me, a sinner!)
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To: bobsatwork

Us also. The only check we wrote was for AMT.
Is the patch retroactive to 2008?


10 posted on 12/07/2008 7:26:56 AM PST by svcw (Great selection of Christmas gift baskets: http://baskettastic.com/)
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