Alternative Minimum Tax

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5 key questions to calculate the new alternative minimum tax
Yahoo Financeยท 2025-10-20 20:05
The alternative minimum tax represents one potential caveat to the widespread and, mostly, correct belief that the One Big Beautiful Bill Act cut everyone's payments to Uncle Sam. Below are five key questions for financial advisors, tax professionals and clients to help them understand their potential AMT exposure. OBBBA tweaked the rules in ways that will hike the number of households subject to it. The level of liability will not reach the days before the Tax Cuts and Jobs Act of 2017. However, the adj ...