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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 alternative minimum tax was first introduced in 1969 as a way to prevent wealthy people from taking advantage of so many income tax deductions and credits that they paid little, if any, income ...
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 alternative minimum tax (AMT) was created to close loopholes and ensure that all U.S. taxpayers pay their fair share of taxes. When you pay an AMT, some or all of that additional tax is for ...
A part of the Intel AMT web management interface, accessible even when the computer is sleeping. Intel Active Management Technology (AMT) is hardware and firmware for remote out-of-band management of select business computers, [1] [2] running on the Intel Management Engine, a microprocessor subsystem not exposed to the user, intended for monitoring, maintenance, updating, and repairing systems ...
Intel AMT is the set of management and security features built into vPro PCs that makes it easier for a sys-admin to monitor, maintain, secure, and service PCs. [11] Intel AMT (the management technology) is sometimes mistaken for being the same as Intel vPro (the PC "platform"), because AMT is one of the most visible technologies of an Intel vPro-based PC.
AMT, the ICAO code for ATA Airlines, a defunct US airline AMT, the National Rail code for Aldermaston railway station in the county of Berkshire, UK Automated manual transmission , gearbox technology
Tax expert Donna Cuiffo explains how the AMT might affect your taxes this year under the new tax law.