51. Interest income on two of the three parts will be subject to the alternative minimum tax. 52. Income for the bonds will be included in the tax calculations for investors subject to the alternative minimum tax. 53. It concerns the dreaded alternative minimum tax. 54. It is certain that a lot more Americans will pay the alternative minimum tax in the future. 55. It is the alternative minimum tax, or AMT, and it has been migrating toward the middle class for years. 56. It might even push your income to a level where you must grapple with the outrageously complicated alternative minimum tax rules. 57. It would also eliminate the alternative minimum tax calculations that plague many middle-class taxpayers, and would tack on some small, targeted tax cuts as well. 58. It would also slash the capital gains tax and eliminate the corporate alternative minimum tax. 59. It would reduce, but not eliminate as the House proposes, the alternative minimum tax for corporations. 60. Lawmakers have considered a measure that would prevent the alternative minimum tax from reducing the value of the child credit for families with three or more children. |