The alternative minimum tax (AMT) calculation determines whether a taxpayer must pay an additional amount beyond their ...
I would love to have written “peace,” but there is nothing peaceful about the Alternative Minimum Tax (AMT). While the AMT was technically not eliminated from the tax code, for practical ...
Similar to other provisions affecting individuals in the 2017 Tax Cuts and Jobs Act, the 2017 easings to the AMT are set to lapse after 2025, unless Congress decides to extend them. But unlike ...
Investopedia / Dennis Madamba The alternative minimum tax (AMT) adds back some claimed tax deductions and adjustments to a taxpayer's income to ensure they're taxed on whichever obligation is greater.
Alternative Minimum Tax (AMT) Definition: A separate tax system designed to keep high-earning corporations and individuals from reducing their taxes to a level that the federal government ...