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American Taxpayer Relief Act was enacted finally at the close of 2012 saving millions of taxpayers from waiting to file tax returns. This legislation provided updated AMT income exemptions for 2012 and also addressed indexed amounts for the future and inflation. The amounts will now be automatically raised with inflation and passing new legislation each year for this issue will no longer be left to last minute Congress actions. This legislation addressed the former use of interim measures that previously were in place, set to expire and caused major concern by the IRS at the close of 2012.

POST YOUR ACTUAL TAX REFUND EXPERIENCE HERE: This is a “user to user” site and the primary mode of support is peer-to-peer, meaning users helping other users. Admin and moderators are not always present or may not be right, or have answers to questions. Users become more informed when they are here often to read and comment. We call them Top Contributors. We are not a group of experts, merely individuals who have learned more than we ever wanted to know about the tax refund process.'

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