The alternative minimum tax could increase your tax bill. See what triggers AMT and how to know if it applies to you.

The alternative minimum tax, or AMT, was implemented in 1969 to ensure that all Americans pay their fair share of taxes -- particularly high-income individuals with a lot of tax deductions.

Nothing gets taxpayers fired up quite like the alternative minimum tax, commonly called the AMT. This separate tax was created to make sure certain high-income taxpayers accounted for their fair share ...

California's tax system is complex, and for certain taxpayers, the Alternative Minimum Tax (AMT) can add an extra layer of ...

The alternative minimum tax represents one potential caveat to the widespread and, mostly, correct belief that the One Big Beautiful Bill Act cut everyone's payments to Uncle Sam. Processing Content ...

Yes. There are two factors that contribute to the imposition of AMT. There are “exclusion items” and “deferral items.” Examples of an exclusion item include miscellaneous itemized deductions and state ...

The alternative minimum tax (AMT) is a separate tax system that makes sure people with high incomes still pay some tax, even if they have a lot of deductions. It removes some common deductions, like ...

This separate tax was created to make sure certain high-income taxpayers accounted for their fair share. In recent years, however, it applied to many middle-income and upper-middle-income filers, ...