H&R Block Comment On AMT Patch

The House of Representatives has approved an AMT patch, 352-64, which now goes to the president for his signature. H&R BLOCK COMMENT: "The good news is Congress’ action today keeps 21 million additional taxpayers from having to pay the Alternative Minimum Tax this year,” said Chrys Sullivan, H&R Block’s assistant vice president for client services. "The bad news is millions of refunds are likely to be delayed while the IRS reprograms its computers to account for the AMT patch.” INTERVIEW OPPORTUNITY: Chrys Sullivan is available to discuss the delay and what it could mean for taxpayers. Please contact H&R Block at 816-854-4287 or mediadesk@hrblock.com.