I have to go back and look through all of my clients' tax returns. Evidently I missed that tax law change that got everyone's tax liability down to $750. 🤔 🤔
I heard about a guy who sent in $4 or $5 million for extension requests. Turned out his tax wasn't that much but he still likes to claim he paid millions, because the refund was carried over to the following year. He didn't owe much tax but he did owe some AMT -- the story I heard, said it was close to nothing, but didn't mention a number.
