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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.

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

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

   Alternative Minimum Tax Exemptions. Filing Status. 2020 . AMT Exemption. Phaseout Begins. Single/Head of Household. $72,900. $518,400. Married Filing Jointly

4. 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 ...

5. What Is the AMT Credit, and Who Gets It? - AOL

   www.aol.com/amt-credit-gets-221038939.html

   The alternative minimum tax (AMT) was created to close loopholes and ensure that all U.S. taxpayers pay their fair share of taxes. When you pay an AMT, some or all of that additional tax is for ...

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. Tax Increase Prevention and Reconciliation Act of 2005

   en.wikipedia.org/wiki/Tax_Increase_Prevention...

   The provision extends the Alternative Minimum Tax (AMT) exemption levels through the end of 2006 at a higher level than in 2005. The new exemption levels for 2006 are $62,550 for joint filers, $42,500 for single filers and $31,275 for separate filers.

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

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

   IRS Form 6251, titled Alternative Minimum Tax-Individuals, determines how much alternative minimum tax (AMT) you could owe. In order for wealthy individuals to pay their fair share of income tax ...

9. What Is the Tax Cuts and Jobs Act (TCJA)? - AOL

   www.aol.com/finance/tax-cuts-jobs-act-tcja...

   It increased to $13.99 million for the 2025 tax year. Increased alternative minimum tax exemption: The TCJA increased the alternative minimum tax (AMT) exemption from $85,700 in 2024 to $88,100 in ...