Alternative Minimum Tax

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The Taxation professionals at ExpertsLand have successfully answered Alternative Minimum Tax questions like:

  • My client has an AMT passive farm loss, but none is reported on the passive line 19 statement or the form. Why is the regular passive farm loss reported but not the AMT loss?
  • I am in the minimum tax rate, are there any AMT exemptions whose benefit I can use. ?
  • I am self employed, does alternate minimum tax apllicable on me?
  • I am an employee why would I have to pay the AMT?
  • I am a manager of one of the corporate can you tell me, how can I escape the AMT?
  • I am a businessman and really in need. Can you help me out with this, How can I plan ahead for the AMT?


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