The Alternative Minimum Tax (AMT) was designed to keep wealthy taxpayers from using loopholes to avoid taxes. Here’s the facts about the AMT. Thanks to changes made by Congress, each year the AMT ...

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 ...

The alternative minimum tax, or AMT, is a supplemental income tax in the United States designed to make sure that the wealthy pay their fair share of federal income taxes. The AMT allows fewer ...

Exempt-interest dividends, typically distributed by municipal bond funds, are generally not subject to federal income tax, but they can be impacted by the alternative minimum tax (AMT) . Certain ...

America’s income tax policy uses a graduated system designed to ensure that high earners pay a larger percentage of their income than those with lower incomes. However, some high-income taxpayers also ...