Question

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?

Answer

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:

  • Single or head of household — $53,900
  • Married filing jointly — $83,800
  • Married filing separately — $41,900
  • Children whose investments are subject to the kiddie tax — $7,400 plus earned income, up to the exemption amount the child would otherwise enjoy if not subject to the kiddie tax rules

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