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An AMT (Alternative Minimum Tax) calculator determines whether you owe the 26% or 28% AMT on income above exemption thresholds ($85,700 for singles, $133,300 for married filing jointly in 2024) after adding back AMT preferences. The AMT was designed to ensure high-income taxpayers pay minimum tax regardless of deductions.

Trinn-for-trinn guide

  1. 1Calculate tentative minimum tax
  2. 2Compare to regular tax
  3. 3Pay the higher amount

Løste eksempler

Inndata
$500,000 income with preferences
Resultat
AMT applies, pay ~$100k more
Check if affected

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  • Not verifying results
  • Ignoring jurisdiction

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What does this calculator do?

Identify calculation need

How do I use this calculator?

Input required values

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