TaxVox: Alternative minimum tax (AMT)

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The voices of Tax Policy Center's researchers and staff

Why Future Tax Reform Must Look Well Beyond Itemized Deductions

July 24, 2019 –
For decades, the debate over tax reform has focused on lowering rates and broadening the tax base. That is, curbing or even eliminating the annual...
Individual Taxes

The Tax Cuts And Jobs Act And The Zombie AMT

October 2, 2018 –
One of the most significant provisions of the Tax Cuts and Jobs Act was its near-repeal of the Individual Alternative Minimum Tax, that complex parallel...

The Senate Would Keep The Individual AMT, But Turn It Into A Very Different Tax

December 6, 2017 –
The individual alternative minimum tax (AMT) looks like it may survive yet another tax overhaul. But the latest incarnation of the tax may look very...
Individual Taxes

Caught Again By The AMT

May 12, 2017 –
Like many of the five million tax filers who must pay the Alternative Minimum Tax (AMT), I am trapped. I wrote a big check to...
Individual Taxes

Lessons From Donald Trump’s Tax Return And The AMT

March 15, 2017 –
It turns out that Donald Trump and I are members of the same club. Who knew? But this one is somewhat less exclusive than, say,...
Individual Taxes

Who Benefits the Most from an Across-the-Board Cut in Individual Tax Rates?

July 2, 2015 –
Just about every tax reform plan calls for cutting individual tax rates. But it turns out that a one percentage point across-the-board rate cut would...