What are some strategies she could use to try and minimize or eliminate her AMT tax for this year? 

Business & Finance Homework| Business & Finance homework help

She can try these strategies to minimize, or even eliminate, her annual AMT tax.
1. If applicable, claim deductions for state and local taxes.

2. Qualified Small Business Stock (QSBS), allows investors to exempt up to 10 million dollars per year.

3. You can take advantage of your retirement plan contributions like a 401k, Roth IRA contributions and/or contributions to an HSA account.

4. If they are eligible based on their income, personal exemptions may be used. However, these cannot be combined with standard deduction plans.

5. Any tax credits available for charitable donations and educational expenses, which could reduce your taxable earnings.

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