I'm trying to find out the Alternative Minimum Tax (AMT) amount for the year 2024. I need this information to plan my taxes accordingly.
6 answers
HallyuHero
Fri Oct 25 2024
For married individuals who file their taxes jointly, as well as surviving spouses, the AMT exemption amount is $133,300.
Silvia
Fri Oct 25 2024
On the other hand, single individuals and heads of households will have an AMT exemption of $85,700.
GeishaWhisper
Fri Oct 25 2024
Married individuals who choose to file their taxes separately will be eligible for an AMT exemption of $66,650.
Maria
Fri Oct 25 2024
The Alternative Minimum Tax (AMT) exemption for the year 2024 has been set at specific levels.
DigitalDragonfly
Fri Oct 25 2024
These exemption amounts are crucial in determining the tax liability of individuals under the AMT system.