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The Current Future of AMT

Via Investment News

The most current AMT patch exempts 26 million people from Alternative Minimum Tax, but is set to expire after 2009. So, as always, the future of the alternative minimum tax remains uncertain, Joseph W. Walloch writes in an InvestmentNews commentary.  It is unclear what Congress will do for 2010 and beyond. Congress is not expected to repeal the AMT altogether.

Filed under: AMT, Tax, Tax Legislation

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