Key points Introduction The Alternative Minimum Tax (AMT) is a parallel tax system in the United States designed to ensure that high-income individuals and certain corporations pay a minimum amount of tax, regardless of deductions and credits. It was introduced in 1969 to prevent high-income taxpayers from using excessive tax deductions and loopholes to reduce […]
tax calculation
ISO Credit for AMT Exercise
ISO Credit for AMT Exercise
Key Points Introduction As a savvy investor, it’s essential to understand the intricacies of alternative minimum tax (AMT) and incentive stock options (ISO). When it comes to exercising an ISO, it’s crucial to be aware of the ISO credit for AMT exercise, which can help you reduce your tax bill. The ISO credit for AMT […]