Common triggers include large state/local tax deductions, exercising incentive stock options (ISOs), certain passive activities, and tax-exempt interest from private activity bonds.

Strategies include timing ISO exercises, managing deductions, and deferring income. A tax professional can help with AMT planning based on your specific situation.

AMT Calculator — Alternative Minimum Tax

How to Use

Enter taxable income, AMT preference items (ISO exercises, SALT deductions, etc.), and filing status. Click Calculate.

Formula

AMT income = taxable + preferences. Exemption: single $85,700, married $133,300. AMT rates: 26% up to $232,600, 28% above. AMT owed = max(0, tentative minimum - regular tax).

Examples

Taxable $200,000, $50,000 preferences, single: AMT income $250,000, exemption $85,700, AMT taxable $164,300, tentative $42,718, regular $38,439, AMT owed $4,279.

Alternative Minimum Tax Calculator

How to Use

Formula

Examples

Frequently Asked Questions