Tax surprise: AMT
Yes, I'm ranting about the AMT again. And maybe I should keep doing so until it goes away. Unfortunately, not many people read my LJ, so please, feel free to pass along what I'm about to say.
( The AMT )
Some families with gross incomes substantially less than 100k are being hit this year due to the stock options issue. Nobody is completely safe, so don't ignore this year's AMT worksheet on your tax forms. The IRS certainly won't, and if you screw it up, you may be held responsible for late fees and interest.
( The AMT )
Some families with gross incomes substantially less than 100k are being hit this year due to the stock options issue. Nobody is completely safe, so don't ignore this year's AMT worksheet on your tax forms. The IRS certainly won't, and if you screw it up, you may be held responsible for late fees and interest.