REG- Individual AMT

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  • #166578
    Soproudofmyself
    Participant

    one of the adjustments within AMT is “passive activity losses”…for individuals. Are they referring to the losses that are taken against passive activity income or the passive activity losses taken against ordinary income (the $25k exception for rental activity)?

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  • #324679
    Soproudofmyself
    Participant

    Becker's 2011 book doesn't explain AMT for individual in much detail….I'm wondering if I should do my own research just in case? Or is it a waist of time? Fortunately, my prior 2 attempts had general questions on AMT, but you never know =(

    #324680
    Anonymous
    Inactive

    I agree, Becker doesn't explain that…and I haven't encountered questions on Wiley that goes further in detail. But I'm guessing it also refers to those ($25k) rental losses as well. If it didn't, it would mention it…right? lol ugh idk:(

    Basically, I've stopped thinking beyond what it says in the book….half of the time, my thinking is wrong and what is presented is what is usually means/right.

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