The alternative minimum tax has evolved from being an isolated tax that only the ultra-wealthy paid to a burden on millions of Americans. Not only does the AMT require you to do a completely different set of calculations to figure it, but it can also add thousands of dollars to your tax bill.Fortunately, tax reform just made major changes to the alternative minimum tax that could prevent many individual taxpayers from having to pay the tax ever again.
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newsfeedback@fool.com (Dan Caplinger), The Motley Fool
Sun, 03/11/2018 - 11:02am
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