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Post# of 252314
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knute97

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knute97

Re: TinyPineTree post# 141317

Monday, 04/16/2007 10:29:43 AM

Monday, April 16, 2007 10:29:43 AM

Post# of 252314
TPT

Sorry for the late response, but the AMT would apply in either case. The only difference is that when the money is removed from an IRA, it adds the full amount as income. When it is a LT capital gain, it results in a lower income addition upon which the taxes are based.

K97
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