Alternative Minimum Tax (AMT) Planning After TCJA Sunset: Preparing Clients To (Re)Encounter AMT After 2025
Nerd's Eye View
OCTOBER 16, 2024
For example, personal exemptions and miscellaneous itemized deductions such as investment advisory fees, both of which will be reinstated after TCJA's sunset. The sunset of TCJA will add back several common adjustment items that will create potential AMT exposure for many households.
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