A Not exactly. The main problem relating to capital gains is that the alternative minimum tax (AMT) exemption phases out when your income exceeds a certain level. Thus a large amount of capital gain can reduce or eliminate the AMT exemption. Also, one adjustment for the AMT calculation is accelerated depreciation claimed for business equipment and investment real estate. However, an adjustment is not required for real estate placed in service after 1999.
Tip: The combination of these and other elements may trigger AMT consequences for individual taxpayers. If you estimate that you will have an AMT liability for 2007, you might postpone certain investment transactions.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/6170/which-investments-can-trigger-the-amt "