This question relates to the 2015 filing year.
Am I correct in believing that as a rule of thumb for this form I don't have to worry about filling this out if line 38 of my 1040 (adjusted gross income) is less than $154,950.00?
This question relates to the 2015 filing year.
Am I correct in believing that as a rule of thumb for this form I don't have to worry about filling this out if line 38 of my 1040 (adjusted gross income) is less than $154,950.00?
No, you are not correct. Under certain circumstances ANT kicks in at AGIs well under $100K.
Ira Smilovitz
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