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#alternative_minimum_tax

Alternative minimum tax

United States tax law provision

The alternative minimum tax (AMT) is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts. As of tax year 2018, the AMT raises about $5.2 billion, or 0.4% of all federal income tax revenue, affecting 0.1% of taxpayers, mostly in the upper income ranges.

Thu 4th

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Alternative minimum tax Tax Reform Act of 1969 Corporate tax in the United States History of taxation in the United States Tax Cuts and Jobs Act Income tax in the United States Public Law 110-343 Tax Reform Act of 1986 Bush tax cuts State income tax

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