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please feel free to correct any errors/omissions in my comments
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OK. I got hit by it last year with less than $20k in dividend income and
well under $300k in total income.
Normal sized mortgage, about $10k in charitables, etc.--nothing out of the ordinary. It sucks since it throws all your withholding and planning out the window. You have to run your taxes both ways to find out. There's no other way to predict.
As the AMT affects more and more people (including just about everyone who gives a dime to any political candidate) I'm confident it will get resolved in the next couple of years.