If I fall under AMT do I still get an IRA deduction?
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Does IRA Deduction affect AMT?
Feb 08, 2007
1 Replies
Yes.
Or more precisely, if you get an IRA deduction under the regular tax system, you also get it under the AMT. Or even more concisely, IRA deductions aren't added back in when computing AMT taxable income.
-- Rich Carreiro snipped-for-privacy@animato.arlington.ma.us
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