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AMT has changed a lot since Trump adjusted the tax rules. I suspect it isn't relevant any more. > The number of households owing AMT rose from 200,000 in 1982
by x87678r 6y ago
AMT has changed a lot since Trump adjusted the tax rules. I suspect it isn't relevant any more.
> The number of households owing AMT rose from 200,000 in 1982 to 5.2 million in 2017, but was reduced back to 200,000 in 2018
https://en.wikipedia.org/wiki/Alternative_minimum_tax https://en.wikipedia.org/wiki/Alternative_minimum_tax
- dasil003 6y agoLess relevant on the margins, but for the people who get hosed the worst (ie. owe the IRS millions when you never seen cash anywhere near that) the trap is very much still there. If you have ISOs with a low strike price with a private company that is approaching IPO—especially considering the insanity in the stock market right now—you better take a long hard look at the numbers before exercising (or leaving your company and being forced to exercise)