Most who read my journal probably recall my warnings not to ignore the alternative minimum tax -- more and more people are hit with it every year. A truly devious way to allow the government to
appear to lower taxes for middle-income households while not really decreasing the taxes taken by the government.
But this post is not about the AMT, but to point to an
MSN page about other scary tax stuff.
If you've recently received unemployment, social security, or debt forgiveness, you might be taxed on it!