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AMT - Alternative Minimum Tax

AMT stands for Alternative Minimum Tax

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How to abbreviate Alternative Minimum Tax? Alternative Minimum Tax can be abbreviated as AMT What does AMT stand for? AMT stands for Alternative Minimum Tax. What does Alternative Minimum Tax mean? Alternative minimum tax is a required second tax imposed on individuals that make over a certain amount of income. It is a separate, parallel federal income tax system, with two marginal tax rates, 26% and. It is a shadow tax that has ensnared millions of Americans. It is applied to certain high earners for certain types of income that they have during a tax year. It is not new, but recent changes have increased exemption and phaseout limits. It is a tax law that affects high-income taxpayers who use certain itemized deductions or credits.

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AMT - Alternative Minimum Tax

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Alternative definitions of AMT

View 114 other definitions of AMT on the main acronym page

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