Category AMT

AMT Patch proposed for 2012 and 2013

“The Family and Business Tax Cut Certainty Bill of 2012 (Sen 3521 ) would patch the alternative minimum tax (AMT) for the 2012 and 2013 tax years for an estimated revenue loss of $132.2 billion.” Full text of the bill: It also extends several other popular tax provisions: the deduction for teachers who buy […]