Welcome Guest. Register Now!  

LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 12-01-2008, 12:40 PM
TaxGuru's Avatar
Tax Guru
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,413
Blog Entries: 3
What are the 2008 Alternative Minimum Tax Exemptions?

It seems that Congress is making a serious attempt to stop the AMT tax from hitting more and more middle class taxpayers. For the tax year 2008, the AMT exemptions have been raised to $69,950 for married couples filing jointly and $46,200 for Single filing taxpayers.

Clearly, this may not be sufficient for most middleclass taxpayers, but at least this is a step in the right direction in helping the middle class taxpayers who were facing the wrath of the potential AMT taxes hitting them in the 2008 tax year.

Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
What is the Alternative Minimum Tax? TaxGuru Alternative Minimum Tax 2 03-23-2015 04:26 AM
What are the 2008 Alternative Minimum Tax Rates and Exemptions? TaxGuru Alternative Minimum Tax 0 09-03-2008 11:44 AM
Senator John McCain tax policy towards the Alternative Minimum Tax (AMT). TaxGuru Republicans 0 07-24-2008 12:56 PM
S Corp Alternative Minimum Tax tpowell Alternative Minimum Tax 0 10-18-2007 08:11 PM
IRS Offers Online Alternative Minimum Tax Assistance atgadmin Tax News 0 02-01-2007 04:14 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 » Income
 » IRA/Sep
 » Medical
 » Payroll
Forum for CPAs
Financial Planning

» Recent Tax Q&A