If you're referring to the tax year 2015, there's nothing you can do about it as too late to make any changes or corrections. As far as 2016 is concerned, the way to deal with the alternative minimum tax is to anticipated rather than hope you're not caught by it. For this I mean that sometime during November or early December 2016, either run your own taxes or ask your CPA to put together his best estimate of what the taxes will look like. If in fact at that point in time she anticipates that you will be in the alternative minimum tax, you would then curtail certain deductions that would otherwise be paid in 2016 and/or you could try to take on other income, if that's an option, which would be taxed at the AMT rates rather than your ordinary rates. Keep in mind that the AMT is not a penalty tax. It was created to keep the wealthy from not being able to pay zero taxes but unfortunately, it now affects a tremendous number of people in middle America that it was never intended to do. I hope this helps and is specifically one of the great reasons for anticipated planning. Good luck.
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