TOP 10 Alternative Minimum Tax 是 什么

alternative minimum tax 是 什么 2023 June

What is the Alternative Minimum Tax and how is it calculated?

The alternative minimum tax (AMT) applies to taxpayers with high economic income by setting a limit on those benefits. It helps to ensure that those taxpayers pay at least a minimum amount of tax. How Is the AMT Calculated? The AMT is the excess of the tentative minimum tax over the regular tax.

What triggers Alternative Minimum Tax (AMT)?

Incomes above the annual AMT exemption amounts typically trigger the alternative minimum tax. AMT payers, who typically have relatively high incomes, essentially calculate their income tax twice — under regular tax rules and under the stricter AMT rules — and then pay the higher amount owed. How do I calculate alternative minimum tax (AMT)?

Does the Alternative Minimum Tax Credit reduce taxable income?

This credit may not reduce regular tax below the tentative minimum tax. Alternative minimum taxable income is regular taxable income, plus or minus certain adjustments, plus tax preference items, less the allowable exemption (as phased out). Individuals, estates, and trusts are subject to AMT.

What is an’Alternative Minimum Tax-AMT’?

What is an ‘Alternative Minimum Tax – AMT’. AMT uses a separate set of rules to calculate taxable income after allowed deductions. Preferential deductions are added back into the taxpayer’s income to calculate his or her alternative minimum taxable income (AMTI), and then the AMT exemption is subtracted to determine the final taxable figure.


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