Tell me why it goes by these forms, when many people filing these forms are way below the AGI that is subject to the AMT? What kind of archaic system does the government use? You would think there would be an income cut off instead of just those forms. In this day and age a simple software update should take care of it, but then it is the government. Our only refund will be for education credit, so we are screwed. I'm sure H&R block will make mucho money off their loans for refunds from people who need their refund NOW!. This is why the whole tax system should be scrapped. It could be done with one form, X% times your income.
RE: Are you affected for filing in relation to AMT?
Filing started yesterday, so it is not only 11 days and why would you have to wait for W-2's & 1099's? I have all that info on the last pay stub & on my bank records. Education credit is our only perk, guess you are saying people who pay AMT don't have ANY. Maybe we should all pay the same percentage on our income with NO deductions or credits, I'll go for that! That would be fair. Sure would tick off those who have their mortgage interest, childcare credits and the like, wouldn't it?? I wasn't whining, just wondering how many rocket scientists work at the IRS!
