
Topic no. 556, Alternative Minimum Tax - Internal Revenue Service
Oct 8, 2025 · The alternative minimum tax (AMT) applies to taxpayers with high economic income by setting a limit on those benefits. It helps to ensure that those taxpayers pay at least a minimum …
Alternative Minimum Tax (AMT): What It Is and How It Works
Feb 26, 2025 · 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: Definition, How AMT Works in 2025 ...
What is alternative minimum tax? Alternative minimum tax (AMT) is a tax system that runs parallel to the standard tax system but has different tax rates.
Alternative Minimum Tax (AMT) Rules and Exclusions for 2025
Mar 21, 2025 · The alternative minimum tax (AMT) is a separate way to calculate taxes that makes sure high-income earners pay at least a minimum amount, even if they claim many deductions or credits.
Alternative Minimum Tax: Common Questions - TurboTax
Nov 25, 2025 · The Alternative Minimum Tax (AMT) is designed to ensure that wealthy taxpayers can't avoid paying taxes through loopholes. The AMT exemption amounts are automatically adjusted for …
What is Alternative Minimum Tax (AMT) and How Does It Work ...
Jun 13, 2025 · What is the alternative minimum tax? The AMT is a second, more stringent way to calculate your tax bill. Each year, when you complete your federal tax return, you compare your tax …
Alternative minimum tax - Wikipedia
The alternative minimum tax (AMT) is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts.
Alternative Minimum Tax: What It Is And Who Pays | Bankrate
Aug 29, 2025 · The alternative minimum tax, or AMT, is a separate tax system that runs parallel to our regular income tax system. Currently, the AMT applies to a small number of high-income taxpayers.
Alternative Minimum Tax (AMT) | Definition and Calculation
Jan 29, 2025 · What Is the Alternative Minimum Tax? An alternative minimum tax (AMT) is the minimum amount of tax that high earners must pay on their income. It is paid in addition to ordinary income …
6 Things You Should Know About Alternative Minimum Tax | TaxAct
Sep 2, 2025 · Don’t let the alternative minimum tax catch you by surprise this tax season. The alternative minimum tax (AMT) was created in 1969 to keep a small number of wealthy taxpayers …