Video: The Alternative Minimum Tax (AMT) Explained
intuit.com
Video: The Alternative Minimum Tax (AMT) Explained
Originally created to make sure the wealthy paid taxes even after using tax breaks and loopholes, the Alternative Minimum Tax (AMT) has never been updated and continues to impact middle class Americans more and more each year as a result of inflation. To compensate for inflation, the AMT now includes an exemption amount. This exemption is ...
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