Thread: Tax Credit Confusion
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Old 04-03-2007, 07:10 AM
tomdavie tomdavie is offline
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Real Name: Tom Davie
Location: Palm Bay Florida
Hybrids: Toyota Highlander Limited Hybrid
Posts: 229
Default Re: Tax Credit Confusion
i have a question about the AMT

Is the AMT of 75k after i take my deductions allowed under the AMT ?

That will make a huge difference. If it is based on simple gross amount, we may have a problem, but if we take the deductions allowed under the AMT , then we are under the 75k and thus should get our entire tax credit.

Am I way off here?

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