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Tag Archives: Alternative Minimum Tax

Per expectations, we have passed the election with no progress on avoiding the year-end “fiscal cliff.”  And also per expectations, several technical issues are proving important.  This note will provide some background on two of them.

 The Alternative Minimum Tax

The alternative minimum tax (AMT) under the individual income tax has been a bit player in the movie version of “The Incredible Fiscal Cliff.”  But those who read the 1,000 page novel (in the original German) know it as a powerful, threatening character.  For this reason, the AMT is beginning to get more attention in the specialist press.


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