If you are getting your taxes prepared or do them yourself, remember you may have to pay some additional taxes: the dreaded Altermative Minimum Tax (AMT). See this IRS tip about the AMT below:
http://content.govdelivery.com/accounts/USIRS/bulletins/f0206d?reqfrom=share
Just remember the AMT does exist and that you need to see if you are in AMT and whether it could increase your tax liability. Either plan ahead with your tax software or talk to your preparer and ask if he can tell you if you were in AMT last year. Don’t be surprised: it can ruin your whole day.
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