- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Increasing corporate tax minimum for EARNED income
Posted on 8/7/22 at 4:18 pm to BBONDS25
Posted on 8/7/22 at 4:18 pm to BBONDS25
AMT works with individuals because reported income is by third parties through w-2's , 1099's etc.
AMT will not work with corporations because they generate their own profit/loss statements.
1
Posted on 8/7/22 at 4:20 pm to Trevaylin
quote:
AMT will not work with corporations because they generate their own profit/loss statements.
yikes dude. There is just a profound misunderstanding here of book income, corporate amt, and taxes in general. I don’t even know where to start. I’m not going to spend the massive amount of time it would take to educate you. I mean you called a deduction a way to “hide” income. That’s such a basic misunderstanding of taxation. It’s ok to admit you don’t know what you’re talking about. This post was edited on 8/7/22 at 4:23 pm
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News