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Alternative Minimum Tax Exemptions. Filing Status. 2020 . AMT Exemption. Phaseout Begins. Single/Head of Household. $72,900. $518,400. ... Line 7 is greater than line 10 on Form 6251.
The alternative minimum tax (AMT) is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts. As of tax year 2018, the AMT raises about $5.2 billion, or 0.4% of all federal income tax revenue, affecting 0.1% of taxpayers, mostly in the upper income ranges.
The AMT is typically triggered by tax filers whose income exceeds the annual AMT exemption for that year. For tax year 2021 (which you file in 2022), the exemption is $73,000 for single ...
The WATS (Wide Area Telephone Service) line is the heart of all SNCC security and communications. For a flat monthly rate, an unlimited number of calls can be dialed directly to any place in the country — or the state — depending on what line one uses. The Jackson office has a state-wide line, the Atlanta office has the national WATS line.
In telecommunications, a long line is a transmission line in a long-distance communications network such as carrier systems, microwave radio relay links, geosynchronous satellite links, underground cables, aerial cables and open wire, and Submarine communications cables.
BellSouth Telecommunications was incorporated in 1983 as SBT&T Co. in Georgia in 1983, [1] as part of the breakup of the Bell System to absorb the original Southern Bell Telephone and Telegraph Company that was incorporated in New York in 1879. Southern Bell was merged into SBT&T Co. on December 31, 1983, and the merged company took the ...
Gardiner Greene Hubbard, first president and a trustee of the Bell Telephone Company, and father-in-law of Alexander Graham Bell. At the time of the organization of the Bell Telephone Company as an association (also known as the Bell Company), on July 9, 1877, as a joint stock company in 1877 by Hubbard, [8] [13] who soon became its trustee and de facto president, 5,000 shares in total were ...
Alexander Graham Bell, about to call San Francisco from New York. A telephone call, which for marketing purposes is claimed to be the first transcontinental telephone call, occurred on January 25, 1915, a day timed to coincide with the Panama–Pacific International Exposition celebrations.