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2. Alternative minimum tax - Wikipedia

   en.wikipedia.org/wiki/Alternative_minimum_tax

   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. As of tax year 2018, the AMT raises about $5.2 billion, or 0.4% of all federal income tax revenue, affecting 0.1% of taxpayers, mostly in the upper income ranges. [1] [2]

3. IRS Form 6251: Alternative Minimum Tax (AMT) - AOL

   www.aol.com/finance/irs-form-6251-alternative...

   The AMT is typically triggered by tax filers whose income exceeds the annual AMT exemption for that year. For tax year 2021 (which you file in 2022), the exemption is $73,000 for single ...

4. What Is the Alternative Minimum Tax and Will It Cost ... - AOL

   www.aol.com/alternative-minimum-tax-cost-big...

   The alternative minimum tax was first introduced in 1969 as a way to prevent wealthy people from taking advantage of so many income tax deductions and credits ... For example, under the AMT, you ...

5. What's the Alternative Minimum Tax and Who Pays It? - AOL

   www.aol.com/news/whats-alternative-minimum-tax...

   Nothing gets taxpayers fired up quite like the alternative minimum tax, commonly called the AMT. This year, the good news that is fewer taxpayers will have to grapple with the AMT when filing 2018 ...

6. Tax Reform Act of 1969 - Wikipedia

   en.wikipedia.org/wiki/Tax_Reform_Act_of_1969

   The Tax Reform Act of 1969 (Pub. L. 91–172) was a United States federal tax law signed by President Richard Nixon in 1969. Its largest impact was creating the Alternative Minimum Tax, which was intended to tax high-income earners who had previously avoided incurring tax liability due to various exemptions and deductions.

7. American Taxpayer Relief Act of 2012 - Wikipedia

   en.wikipedia.org/wiki/American_Taxpayer_Relief...

   For the tax year 2013, some taxpayers experienced the first year-to-year income-tax rate increase since 1993, although the rate increase came about not as a result of the 2012 Act, but as a result of the expiration of the Bush tax cuts. The new rates for income, capital gains, estates, and the alternative minimum tax would be made permanent. [3 ...

8. Alternative Minimum Tax: How It Works - AOL

   www.aol.com/finance/alternative-minimum-tax...

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9. Your 2019 Guide to the Alternative Minimum Tax - AOL

   www.aol.com/news/2019-guide-alternative-minimum...

   The AMT will affect far fewer taxpayers than it used to. Here's what you need to know. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in ...