Number and percent of taxpayers affected by the AMT; AMT revenue per AMT taxpayer; AMT revenue as a percentage of all individual income tax revenue; and the percent of all AGI reported by AMT payers. Estimates are for current law for 2017-32. Baseline is the law in place for each year as of 10/24/2022. For more information on TPC’s baseline definitions, see: http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm
Historical values and projections of the number of AMT taxpayers and aggregate AMT revenue under current law for 1970-2032. Baseline is the law in place for each year as of 10/24/2022. For more information on TPC’s baseline definitions, see: http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm
Percent of tax units affected by the AMT by income level and filing status. Estimates are for current law In 2017, 2022, and 2025-2026. Baseline is the law in place for each year as of 10/24/2022. For more information on TPC’s baseline definitions, see: http://www.taxpolicycenter.org/taxtopics/Baseline-Definitions.cfm
