H&R Block 2007 Alternative Minimum Tax (AMT) Calculator


Use this calculator to see if you might owe alternative minimum tax.


	Click the buttons.
	Complete the fields.
	Click "Calculate Now" to update the estimate.


Your AMT is Estimated to be		$

Sum of Regular Tax and AMT		$

Details

Regular Tax

Regular Tax

Taxpayer's Wages:

$

Spouse's Wages:

$

Taxpayer's Self-employment Income:

$

Spouse's Self-employment Income:

$

Qualified Dividends:

$

Allowable Capital Gains & Losses:

$

State & Local Refunds:

$

Social Security benefits:

$

$

Adjustments to Income:

$

Adjusted Gross Income:

$

Greater of Allowed Itemized Deductions or Standard Deductions:

$

Personal Exemptions:

$

Regular Taxable Income:

$

$

AMT

AMT

Taxpayer's Wages:

$

Spouse's Wages:

$

Taxpayer's Self-employment Income:

$

Spouse's Self-employment Income:

$

Qualified Dividends:

$

Allowable Capital Gains & Losses:

$

Social Security benefits:

$

Adjusted Gain or Loss:

$

AMT Depreciation Adjustment:

$

Incentive Stock Options AMT Preference:

$

Other AMT Adjustments & Preferences:

$

$

Adjustments to Income:

$

Itemized Deductions allowed for AMT:

$

(If Itemized for Regular tax)

$

$

AMT Income Subject to AMT:

$

$

Alternative Minimum Tax:

$

(Tentative AMT - Regular tax)


Advice

Click the 'Calculate Now' button at the top of the estimator.