I'm thinking of early exercising my stock options. One of the reasons is that I won't have to pay alternative minimum tax (AMT) now (strike price is equal to fair market value).
But from what I understand paying AMT is not so bad because let's say you pay 50k of AMT, then you get 50k AMT credits which you can use to reduce your taxes when you actually sell your shares. So assuming you have the money to pay the AMT, paying it is not so bad because you will get it back.
Am I missing something here ?