Article Date:
July 2006

Word Count:



Long-Term Capital Gains Trigger AMT

I am expecting an $80,000 long-term capital gain from the sale of stock. I heard that this will trigger the alternative minimum tax (AMT). How bad will the AMT hurt me? (D.C., McLean, VA)


That depends. It might hurt a lot, or it might not hurt at all.


First, we have to reiterate our opinion that the AMT is one gigantic tax mistake. This is an unfair, stealth form of taxation that embodies zero logic. Here is ... Log in to view full article.

Log in to view full article

Already a subscriber?

Email Address


Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
with a money-back guarantee