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Tax can come as a shock    view story
Tuesday, February 21, 2006
GLENN THRUSH - - New York Newsday
|
Rhonda Buckley is barely able to pay her bills, so the $6,000 tax refund she expected this April had already been earmarked for college tuition and improvements on her Dix Hills split-level. But like 47,000 other middle-class Long Island families, the Buckleys were in for a nasty surprise. They received a $2,600 IRS tax bill - an $8,600 turnaround - courtesy of the despised federal alternative minimum tax. |

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