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

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

   Continue reading → The post IRS Form 6251: Alternative Minimum Tax (AMT) appeared first on SmartAsset Blog. ... Enter your taxable income on IRS Form 1040 or 1040-SR from line 15 after ...

3. 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]

4. Income tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Income_tax_in_the_United...

   AMT is imposed at a nearly flat rate (20% for corporations, 26% or 28% for individuals, estates, and trusts) on taxable income as modified for AMT. Key differences between regular taxable income and AMT taxable income include:

5. What Is the 1040 and What’s the Difference Between the 1040 ...

   www.aol.com/1040-difference-between-1040-1040a...

   Filers fill out a Schedule 2 to report what they owe for the Alternative Minimum Tax or when they need to make an excess advance premium tax credit repayment. ... IRS Form 1040 Instructions: How ...

6. IRS tax forms - Wikipedia

   en.wikipedia.org/wiki/IRS_tax_forms

   As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ – see below for explanations of each) used for such returns.

7. Alternative Minimum Tax: How It Works - AOL

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8. Rate schedule (federal income tax) - Wikipedia

   en.wikipedia.org/wiki/Rate_schedule_(federal...

   (1) Because he is single, the pertinent rate table is Schedule X. [2] (2) Given that his income falls between $164,296 and $209,425, he uses the fifth bracket in Schedule X. [2] (3) His federal income tax will be "$33,602.42 plus 32% of the amount over $164,295." [2] Applying this formula to Taxpayer A, one arrives at the following result:

9. The new 1040 tax form: 4 things you need to know before ... - AOL

   www.aol.com/article/finance/2019/02/05/the-new...

   The 2017 Tax Cuts and Jobs Act brought a lot of changes to the U.S. tax system. One big change is the new Form 1040, which is now more streamlined.