Due to a quirk in the tax system, you may encounter alternative minimum tax (AMT) if you have a large long-term capital gain. We’ve updated and revised our explanation of how this happens and what you may be able to do about it.
Due to a quirk in the tax system, you may encounter alternative minimum tax (AMT) if you have a large long-term capital gain. We’ve updated and revised our explanation of how this happens and what you may be able to do about it.