I am trying to determine the alternative minimum tax threshold for my earnings bracket and understand AMT adjustments and deductions. What are the AMT thresholds I need to be aware of when filing my tax return?
The alternative minimum tax (AMT) threshold doesn’t apply unless your income that is subject to AMT is more than your exemption amount.
The AMT thresholds are:
Learn more about notice CP210-220, why it was sent, and how to handle the notice with help from the tax experts at H&R Block.
When does tax reform take effect? The new tax law passed in 2017, with most provisions going into effect in tax year 2018. Learn more with the experts at H&R Block.
The IRS can start the process that leads to the State Department restricting your passport. Learn more from the tax experts at H&R Block.
Learn more about notice CP62, why you received it, and how to handle an IRS CP62 notice with help from the tax experts at H&R Block.