They'll be able to figure it out and they'll send you a bill, plus interest and potentially a penalty. You can't avoid AMT by saying you won't fill out the form.
More Quotes from Martin Nissenbaum:
Everything you say can give the agent an idea about something.Martin Nissenbaum
It's when you're due money that it makes the most sense to speed the process. If you can do it, it probably makes sense to use e-filing, if you have a refund coming, ... If you have a balance, I really don't see the attractiveness of it.
Martin Nissenbaum
States with no income tax complained that their taxpayers were at a disadvantage, so now everyone has the choice of deducting sales or income tax,
Martin Nissenbaum
It's always a better idea to fess up with the IRS.
Martin Nissenbaum
But because traders tend to trade so frequently, those aren't major disadvantages, ... And the advantage of being able to deduct all of your losses is very attractive.
Martin Nissenbaum
In Florida, there is no income tax but there is an intangible tax, so they will be able to deduct both.
Martin Nissenbaum
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