Land Sale & AMT - should have done a 1031!

Okay, I've spent the last couple of hours working on Turbo Tax.

And the results seem to point towards a little over 15%. I am not totally trusting of this process, so will confirm later on with our accountant. Meanwhile, after I get a bite of lunch I will weed/read thru the printouts to verify all is in order, etc. and try to make sense of this (if possible!!)

I think we are in the clear (I hope!!!).

Thanks a lot guys! Any further discussion/enlightenment more than welcome!

Boy is this a great forum or WHAT!!

Have a WONDERFUL day!!! :D

Jane
 
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