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

Related Topics

Related Resources

Power of Attorney: It’s How Your Tax Pro Deals with the IRS For You

Learn the three main benefits of engaging a power of attorney to research your IRS account and resolve your tax problems. Get the facts from the experts at H&R Block.

IRS Letter 2194 – Alternative Minimum Tax Proposal Letter

The IRS thinks you may owe Alternative Minimum Tax (AMT). Learn more about IRS letter 2194 from the tax experts at H&R Block.

When Can I File My Taxes & When Do I Get My Refund?

Learn more about the IRS refund process. Get information on when you can file your taxes and when to expect your refund.

IRS Letter 728 – Current Balance Due

Your IRS balance due has been assigned to a Revenue Officer. Learn more about IRS letter 728 and how to handle it with help from the experts at H&R Block.