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indy370
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Why don't I get the full AMT income exemption amount for married filing jointly?

 
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Why don't I get the full AMT income exemption amount for married filing jointly?

For 2017, the exemption amounts are phased out at the rate of 25 cents for each $1 of AMT income more than:

  • Married filing jointly or qualified widow(er) — $158,900
  • Single or head of household — $119,200
  • Married filing separately — $79,450

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Why don't I get the full AMT income exemption amount for married filing jointly?

For 2017, the exemption amounts are phased out at the rate of 25 cents for each $1 of AMT income more than:

  • Married filing jointly or qualified widow(er) — $158,900
  • Single or head of household — $119,200
  • Married filing separately — $79,450

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