Assertion: taxpayer's tax | /r/HasProperty | amt
Facets:
Source sentences:
text: The alternative minimum tax (AMT) is an alternative method for determining tax liability.
text: 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.
text: Each year, high-income taxpayers must calculate and then pay the greater of an alternative minimum tax (AMT) or regular tax.
text: (Top) Comparison of the regular tax on wages only (not taking into account any deductions) in 2000 and 2004 (orange and blue lines respectively) with the tentative minimum tax (AMT before deducting regular tax) (same brown line for both 2000 and 2004) for a married couple who are filing jointly.
text: Comparison of the regular tax on wages only (not taking into account any deductions) in 2000 and 2004 (orange and blue lines respectively) with the tentative minimum tax (AMT before deducting regular tax) (same brown line for both 2000 and 2004) for a married couple who are filing jointly.
text: Alternative minimum tax (AMT) is imposed on an alternative, more comprehensive measure of income than regular federal income tax.
text: The bill also eases the burden of the individual alternative minimum tax (AMT) by raising the income exempted from $84,500 (adjusted for inflation( to $109,400 married filing jointly and from $54,300 (adjusted for inflation) to $70,300 for single taxpayers, so fewer taxpayers will pay it.
text: The biggest includes a reduction in the top corporate rate to 21%, a new 20% deduction for incomes from certain type of “pass-through” entities (partnerships, S Corps, sole proprietorships), limits on expensing of interest from borrowing, almost doubling of the amount small businesses can expense from the 2017 Section 179 amount of $510,000 to $1,000,000, and eliminates the corporate alternative minimum tax (AMT).