IRC §55 cited · Form 6251

AMT Checker

Find out if the Alternative Minimum Tax shows up at your door this year.

Regular taxable income (line 15, Form 1040)

Filing status

State & local tax deducted (SALT addback)

Private-activity bond tax-exempt interest

ISO bargain element (FMV − strike at exercise)

Regular tax (line 16, Form 1040)

Your AMT preview (2024)

AMTI (income for AMT)

AMT exemption (after phase-out)

Tentative AMT

Regular tax

AMT due (extra over regular tax)

Loading recommendation...

Have our office model your AMT exposure

2024 exemption $85,700 single / $133,300 MFJ. Phase-out begins $609,350 single / $1,218,700 MFJ (IRS Rev. Proc. 2023-34). Crossover rate 26% to $232,600 then 28%. Estimates only. Phone 689-331-5723.