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When to Use This Calculator
When you have a high income with significant deductions and want to check for potential AMT liability.
amttaxirshigh-income
Who Benefits Most
- •High-income earners
- •Investors with large capital gains
- •Employees with incentive stock options
3 min
AdvancedReal-World Example: Checking for AMT Liability
Scenario
A married couple with a taxable income of $250,000 and $60,000 in state and local tax deductions wants to see if they might owe AMT.
Outcome
The calculator showed that their income and deductions triggered the AMT, resulting in an additional tax liability they had not anticipated. This allowed them to plan for the higher tax bill.
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