If filing a Joint Tax Return, can taxpayers elect to deduct their itemized deductions in lieu of the Standard Deduction for purposes of reducing their AMT?

Larry14 · ‎06-01-2024

sjrcpa · ‎06-01-2024

No. You use either Itemized Deductions or Standard Deduction for both Regular Tax and AMT

The more I know the more I don’t know.

hanoco · ‎06-01-2024

yes