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Just to clarify…
If you are under 65 there would be NO AMT add back since the rule is 10% of AGI for AMT and reg tax
However, if you are over 65, the difference between 10% and 7.5% is added back for AMT.
Yes? No? Maybe so?
Thanks 🙂
CPA, CFE
CISA- Experience will be completed by August 2016
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