The Alternative Minimum Tax (AMT) was designed to keep wealthy taxpayers from using loopholes to avoid taxes. Here’s the facts about the AMT. Thanks to changes made by Congress, each year the AMT ...

The alternative minimum tax (AMT) is a separate tax system that makes sure people with high incomes still pay some tax, even if they have a lot of deductions. It removes some common deductions, like ...

Exempt-interest dividends, typically distributed by municipal bond funds, are generally not subject to federal income tax, but they can be impacted by the alternative minimum tax (AMT) . Certain ...