Latest news on the AMT exemptions!

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10-09-2008, 02:50 PM

TaxGuru

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Latest news on the AMT exemptions!

The AMT exemption will be raised to $69,950 for married couples filing jointly and will be raised to $46,200 for single filer's. Congress feels that this should help prevent some of the middleclass bering snared into the AMT tax trap.

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