Fiscal Cliff and EFC

<p>CTScoutmom… “First, 2012 is not quite set - they still need to patch AMT, or it will hit many more families, and it will hit hard.”</p>

<p>No doubt about it…millions of families will be impacted by the AMT if it is not patched…right now… for 2012 tax year. I took a look at our situation…not good…would cost our family approx $6000 in additional taxes.</p>

<p>Read this…</p>

<p>[Fiscal</a> cliff opens door to an AMT fiasco - MarketWatch](<a href=“http://articles.marketwatch.com/2012-12-27/commentary/36020175_1_fiscal-cliff-tax-implications-h-r-block]Fiscal”>http://articles.marketwatch.com/2012-12-27/commentary/36020175_1_fiscal-cliff-tax-implications-h-r-block)</p>