In 2017, the AMT exemption amounts were $84,500 for joint filers, $54,300 for single filers and household heads, and $54,700 for married couples filing separately. For 2024 returns, these figures ...

The alternative minimum tax (AMT) was designed to keep wealthy taxpayers from using loopholes to avoid paying taxes. But because it's not regularly updated for inflation, more middle-class ...

Patching Up the AMT — In Time to Rev Up the IRS - ...

Senate Democrats and Republicans appear headed for a potentially dangerous political game of chicken over the alternative minimum tax, as both seek to make sure millions of middle-class Americans ...

With the AMT, you have to consider the impact of the reduction in the exemption. On top of the $150 in capital gains tax, the $1,000 of capital gains income would reduce your exemption by $250.

Everyone agrees that something needs to be done to “fix” the alternative minimum tax. But there’s little agreement on how to go about it. By MSNBC.com's John W. Schoen.