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Tax ramifications with "tax-free" income
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tedbear
Posted 3/8/2019 14:49 (#7367740 - in reply to #7367578)
Subject: RE: Tax ramifications with "tax-free" income


Near Intersection of I-35 & I-90 Southern Mn.
paul the original - 3/8/2019 13:14

Interesting.

Some of those bonds are exempt from alternative minimum tax, and others are not.

Has that factored into your deal, or not?

Paul


Good Point, I really don't know. I think the Alternative Minimum tax was computed one year but I was over the amount so it didn't apply. Back when farm prices were better, the Alternative Minimum tax was not an issue as the tax was quite a bit on its own.
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