Distribution Tables by Dollar Income Class
An Alternative Offset for the AMT Patch
Standard distribution tables and a descriptive table for a plan to offset the costs of the AMT patch in H.R. 3996 by including qualified dividends and capital gains in excess of $50,000 ($100,000 for married filers) as an AMT preference item
T07-0325 - Include Dividends and Capital Gains Above $50,000 ($100,000 Joint) as an AMT Preference, Baseline is Current Law Plus the AMT Patch in H.R. 3996, Number of Tax Units Affected by Adjusted Gross Income Level, 2007 (November 5, 2007)
2007 Number of tax units affected by the AMT, number with qualified dividends and capital gains in excess of $50,000 ($100,000 for married filers), and number of tax units with a tax increase resulting from a plan to include dividends and capital gains in excess of $50,000/$100,000 as an AMT preference item against a current law baseline with an AMT patch as proposed in H.R. 3996
T07-0324 - Include Dividends and Capital Gains Above $50,000 ($100,000 Joint) as an AMT Preference, Baseline is Current Law Plus the AMT Patch in H.R. 3996, Distribution of Federal Tax Change by Cash Income Percentile, 2007 (November 5, 2007)
2007 Distribution of federal tax change by cash income percentile for a plan that includes dividends and capital gains above $50,000 ($100,000 for married filers) as an AMT preference item against a baseline of current law plus the AMT patch as proposed in H.R. 3996 (allow personal nonrefundable credits against the AMT and increase the AMT exemption to $44,350 for single and head of household taxpayers and to $66,250 for married taxpayers)
T07-0323 - Include Dividends and Capital Gains Above $50,000 ($100,000 Joint) as an AMT Preference, Baseline is Current Law Plus the AMT Patch in H.R. 3996, Distribution of Federal Tax Change by Cash Income Level, 2007 (November 5, 2007)
2007 Distribution of federal tax change by cash income level for a plan that includes dividends and capital gains above $50,000 ($100,000 for married filers) as an AMT preference item against a baseline of current law plus the AMT patch as proposed in H.R. 3996 (allow personal nonrefundable credits against the AMT and increase the AMT exemption to $44,350 for single and head of household taxpayers and to $66,250 for married taxpayers)
T07-0322 - AMT Patch in H.R. 3996 and Include Dividends and Capital Gains Above $50,000 ($100,000 Joint) as an AMT Preference, Distribution of Federal Tax Change by Cash Income Percentile, 2007 (November 5, 2007)
2007 Distribution of federal tax change by cash income percentile for a plan that extends the AMT patch as done by H.R. 3996 (allow personal nonrefundable credits against the AMT and increase the AMT exemption to $44,350 for single and head of household taxpayers and to $66,250 for married taxpayers) and offsets the cost by including dividends and capital gains above $50,000 ($100,000 for married filers) as an AMT preference item
T07-0321 - AMT Patch in H.R. 3996 and Include Dividends and Capital Gains Above $50,000 ($100,000 Joint) as an AMT Preference, Distribution of Federal Tax Change by Cash Income Level, 2007 (November 5, 2007)
2007 Distribution of federal tax change by cash income level for a plan that extends the AMT patch as done by H.R. 3996 (allow personal nonrefundable credits against the AMT and increase the AMT exemption to $44,350 for single and head of household taxpayers and to $66,250 for married taxpayers) and offsets the cost by including dividends and capital gains above $50,000 ($100,000 for married filers) as an AMT preference item