Alternative Minimum Tax (AMT) Calculator

Filing Status:

Regular Taxable Income:

Estimated Regular Tax Liability: AMT is paid only if it's higher than your regular tax.

Common AMT Adjustments & Preferences

Standard Deduction Taken? If 'Yes', the standard deduction amount will be added back for AMT calculation.

State and Local Taxes (SALT) Deduction Claimed: This amount is generally added back for AMT.

Incentive Stock Options (ISO) Bargain Element:

Tax-Exempt Private Activity Bond Interest:

Other Adjustments/Preferences (+/-): Enter positive amounts for items added back, negative for deductions allowed for AMT but not regular tax.