How to Avoid Amt Tax
While you are working on your strategies regarding AMT tax planning, the next big thing that you have to focus on is how you can avoid paying these taxes. There are plenty of things that you can do in this regard. For example, you must make the payments toward local and state taxes at such a level that should not force you to owe, but also should not overpay the owed taxes. This strategy can help you to avoid these taxes for the filing season. If not, it will at least help you to minimize the Amt tax amount to a great extent. You are also recommended not to prepay property taxes for the following year; instead, you should pay it only when it is due. This strategy will also help you avoid Amt taxes by keeping your state deductions to a very low level. Another great way to avoid AMT taxes is to implement certain strategies in a way that should allow you to keep your taxable income outside the range of $150,000-to-$415,000. If the large distributions are likely to push you in the AMT tax
