Well,
I am being hit by the AMT currently, so doesn't that remove my state income/property tax deductions? I just emailed my CPA and asked him this question.
CA is in TROUBLE. There are way to many people relying on state benefits (welfare). This is what I am most concerned about. Hell, locally they just passed a proposition to issue more city bonds to pay for local schools!
I am being hit by the AMT currently, so doesn't that remove my state income/property tax deductions? I just emailed my CPA and asked him this question.
CA is in TROUBLE. There are way to many people relying on state benefits (welfare). This is what I am most concerned about. Hell, locally they just passed a proposition to issue more city bonds to pay for local schools!
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