[quote=enron_by_the_sea][quote=flu]You know, for a lot of people. It doesnt matter really. Because a lot of folks get hit with AMT anyway, where deductions from taxes aren’t used to compute the AMT.[/quote]
You are right for Federal AMT but I believe you can still deduct property tax on CA return even if you fall under federal AMT…
There is such a thing as CA-AMT too. Luckily for me, I am yet not there 🙂 L)[/quote]
