What Causes Alternative Minimum Tax Liability?
Medical Expenses
The AMT allows a medical expense deduction, but it is more limited than the deduction under the regular income tax. If you claim an itemized deduction for medical expenses, part or all of it will be disallowed when you calculate your alternative minimum tax.
Contact H&M to discuss how AMT affects you
Why Hienz & Macaluso LLC
As a certified public accounting firm based in the New Orleans Metropolitan Area, we are dedicated to leadership in professional accounting services and constantly seek innovative ways to better serve our clients in existing and expanded dimensions. We take exceptional pride in our ability to provide clients with a large degree of personal attention.
Current Tax Topics
Monthly Newsletter
Tools & 
Tax
Areas of Specialty