Cryptocurrency Q&A What is the AMT amount for 2024?

What is the AMT amount for 2024?

DigitalTreasureHunter DigitalTreasureHunter Wed Oct 23 2024 | 6 answers 1283
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. What is the AMT amount for 2024?

6 answers

HallyuHero 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.

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Silvia Silvia Fri Oct 25 2024
On the other hand, single individuals and heads of households will have an AMT exemption of $85,700.

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GeishaWhisper GeishaWhisper Fri Oct 25 2024
Married individuals who choose to file their taxes separately will be eligible for an AMT exemption of $66,650.

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Maria Maria Fri Oct 25 2024
The Alternative Minimum Tax (AMT) exemption for the year 2024 has been set at specific levels.

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DigitalDragonfly DigitalDragonfly Fri Oct 25 2024
These exemption amounts are crucial in determining the tax liability of individuals under the AMT system.

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