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How to Calculate the Alternative Minimum Tax (AMT)
The alternative minimum tax (AMT) calculation determines whether a taxpayer must pay an additional amount beyond their ...
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Alternative Minimum Tax (AMT): What It Is and How It Works
You don't have sufficient income for the tax to apply. You must submit Form 6251 with your tax return if you owe the AMT. The alternative minimum tax was conceived to ensure that high-income ...