Although the AMT is meant to prevent high-income taxpayers from using tax shelters to avoid paying tax,

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Although the AMT is meant to prevent high-income taxpayers from using tax shelters to avoid paying tax, why might married taxpayers with several children living in a state with high state income taxes and property taxes (e.g., California or New York) find themselves paying AMT?
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Income Tax Fundamentals 2015

ISBN: 9781305177772

33rd Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill

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