Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
After doing my own taxes for years, I hired out the job the last two years. I raised the AMT issue with the tax preparer and she said that I am far away from the AMT with my milk toast return. However, Kiplinger magazine horror stories get my attention.
My income level caused AMT's deduction-limiting provisions to kick in. I read last night that there are an estimated 4 million new AMT-payers this year, and more are expected every year, as COLAs continue to push more and more people above AMT levels.
I could be philosophical and say it's a good problem to have, I guess. Doesn't bring a whole lot of satisfaction, though.
This community was started in 2002 as an alternative to a then fee only Motley Fool. The focus of the discussions is on topics related to early retirement and financial independence. The community is moderated to ensure a pleasant experience for our members.