Alternative Minimum Tax (AMT) Calculator
Calculate your potential AMT liability and compare it to regular tax
Basic Information
AMT Adjustments and Preferences
About the Alternative Minimum Tax
The Alternative Minimum Tax (AMT) is a supplemental income tax that applies to certain taxpayers who have special circumstances that allow them to pay lower taxes under the regular tax system.
Common AMT Triggers
- High state and local tax deductions
- Exercise of incentive stock options (ISOs)
- Large miscellaneous itemized deductions
- Private activity bond interest
- Accelerated depreciation
Note: This calculator provides estimates based on simplified calculations. Actual AMT liability may vary based on your specific circumstances and other tax considerations. Consult with a tax professional for accurate tax planning and advice.