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Get your taxes done using TurboTax
AMT or alternative minimum tax is an alternative method of calculating tax liability. An individual is responsible for paying either his regular tax or his minimum tax. Bottom line if you are showing a refund, and alternative minimum tax was assessed, it has already been considered in calculating your refund. So your refund will not change, it already is net of Alternative Minimum Tax.
‎June 4, 2019
7:24 PM