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25 Million Additional Taxpayers May Face the Dreaded AMT
Different measures have been taken through the years, such as The Tax Reform Act of 1986 which eliminated the partial exclusion of capital gains, reducing overall revenue at the time, but helping ind... ividual taxpayers. With 2011 on the horizon, the potential number of additional AMT taxpayers will increase to 25 million, if the current legislation is not extended. The question is, should you fear the AMT?
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