Amt

[DixieEA]

Hello, I have a return that has about $3900 AMT if i use a standard deduction. If I force
itemized deductions the AMT is only $245. Standard deduction is $13500 and the
itemize deductions total $13334. The forced itemize deduction creates a much lower tax.
Is it okay to do this?


Thanks, DixieEA

[Burke]

Yes, indeedy.

[jimmcg]

Hello, I have a return that has about $3900 AMT if i use a standard deduction. If I force
itemized deductions the AMT is only $245. Standard deduction is $13500 and the
itemize deductions total $13334. The forced itemize deduction creates a much lower tax.
Is it okay to do this?


Thanks, DixieEA

Both legal and smart.............Incorporate it into your tax planning techniques.

[DixieEA]

Thanks

Thanks, It just looked to good to be true!

DixieEA