Here are the tax rate schedules, tax tables and cost-of-living adjustments for 2026, including new and increased deductions ...

The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a minimum level of tax, regardless of deductions and credits that might otherwise ...

WASHINGTON — Congressional members on both sides of the aisle are looking at using the alternative minimum tax debate to lead the way to a plan for tax simplification. “The AMT could be the challenge ...

The Internal Revenue Service issued guidance on the corporate alternative minimum tax in response to comments it received.

The alternative minimum tax, or AMT, is pesky. You think you’re done with your tax return, only to do the calculations for the AMT and find that you owe more taxes. While it was designed to catch ...

As many middle- and upper-middle-class investors will find when they do their tax returns this spring, tax-exempt doesn't always mean tax-exempt when it comes to the alternative minimum tax. The ...

Savers and investors here and around the country presumably are looking forward now to a much less painful tax filing season next spring as they reap the full benefits of last month's tax-cut bill.

The Treasury Department and the Internal Revenue Service granted a filing exception Wednesday for tax-exempt organizations, saying they don't have to file Form 4626, Alternative Minimum Tax – ...

The alternative minimum tax (AMT) is a separate tax system that makes sure people with high incomes still pay some tax, even if they have a lot of deductions. It removes some common deductions, like ...

The alternative minimum tax (AMT) calculation determines whether a taxpayer must pay an additional amount beyond their regular income tax liability. To calculate AMT, taxable income is adjusted by ...