Our support team is currently experiencing high volumes. You may experience a delay in response. ×

What is the Alternative Minimum Tax (AMT)?

Alternative Minimum Tax (AMT) ensures that high income taxpayers who benefit from special tax deductions and credits pay at least a minimum amount of taxes. 

Go to this section in Credit Karma Tax: Alternative Minimum Tax

There are certain types of income and deductions that are treated differently for AMT purposes than for regular tax purposes. Credit Karma Tax will calculate these based on the information you provide. If you’re unsure whether the income or deductions you receive qualifies as AMT income, you can use this interactive assistant offered by the IRS.

AMT is owed only if the tentative minimum tax is greater than the regular tax. Credit Karma Tax will help determine how much AMT, if any, you need to pay based on the information you provide in your tax return.
Source: irs.gov

Was this article helpful?

Avez-vous encore des questions? Contactez l’assistance aux membres

Still have questions? Contact member support

Continue your tax filing