Tag Archives: Form 1040

If the AMT Rate Kills You One Year, Hope Exists in a Credit Next Year

Alternative Minimun   May 20, 2013   Comments Off on If the AMT Rate Kills You One Year, Hope Exists in a Credit Next Year
74895_2743

The Alternative Minimum Tax is not something anyone wants to fall victim to, but at least the rate cannot go as high as the regular tax.  When figuring your tax, the rate under the AMT system may turn out to be lower than your regular rate, so even though you… Read more »