This is another AMT! When institued in the '70s the AMT was only supposed to affect 5-10 people, now practically everyone falls under it, or at least has to do the AMT calculations to prove that they don't. Not indexed for inflation. What was high income them is normal now due to inflation.

Do you want your investments, money you are living on in retirement, do be wiped out?

I thought FL had no State Income Tax? But FL shows up on lists of states to choose for State form on TurboTax.