The AMT

[tw]

Originally Posted by TheMercenary

I suggest you learn more about the AMT before you throw stones at my accountant.

The fact that anyone needs an accountant is the problem. Every dollar given to an accountant is no different than more taxes from your pocket as welfare to others who should otherwise be doing something productive.

Meanwhile, those who created the AMT have little idea of what is in tax laws, and do not do their own taxes. First law - all lawmakers must do their own taxes and be subject to a tax review. Guess how quickly the tax law will eliminate tax accountants.

Meanwhile, also spend money for tax software. Government made a deal with tax software companies. The government will not provide tax software. You are expected to pay another tax to tax software companies for their software, for submitting that tax form to the government, etc. because that was the deal offered to tax software companies.

Can that Adobe software 1040 form total up your entries? Yes. But government is not allowed to because of this deal to protect tax software companies.