How Does the Alternative Minimum Tax Work?

The alternative minimum tax came into being half a century ago as lawmakers tried to prevent the very rich from escaping their fair share of federal income taxes. It requires high-income earners to run the numbers twice — under regular tax rules and under the stricter AMT rules — and pay the higher amount owed….

from NerdWallet
https://www.nerdwallet.com/blog/taxes/alternative-minimum-tax-amt/

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