AMT Calculator
The Alternative Minimum Tax ensures high-income taxpayers pay a minimum amount of tax regardless of deductions. The 2024+ rules increased the rate to 20.5% with a ~$173,000 exemption. AMT paid can be carried forward and credited against regular federal tax for up to 7 years.
01 —INPUTS
AMT Calculation Inputs
02 —RESULTS
AMT Analysis
Regular Federal Tax
$53,816
AMT Base
$99,600
AMT (20.5%)
$20,418
AMT Payable
$0
AMT does not apply — regular federal tax exceeds AMT.