BobKamman
Level 15
07-13-2020
11:13 PM
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The next pandemic legislation may have an "eat, drink and be merry" exception that allows us to subtract it from any old interest income this year, because who knows if any of us will be here next year. The amounts I usually see for AIP are around $25, but if it is a significant number and it might distort tax brackets in one year or the other, a perfectionist would probably tattoo the client as a reminder not to forget.