Alternative Minimum Tax is a required second tax imposed on individuals that make over a certain amount of income. AMT requires taxpayers to calculate their tax both ways (regular tax and AMT tax) and pay the higher amount.
What are the thresholds and exemptions?
For 2025, the Alternative Minimum Tax thresholds and exemptions have increased to the following amounts:
Single
Joint or Surviving Spouse
Married Filing Separately
AMT Exemption Amount
$88,100
$137,000
$68,650
AMT Phase-out Income Level
$626,350
$1,252,700
$626,350
2024 Alternative Minimum Tax thresholds and exemption amounts
Single
Joint or Surviving Spouse
Married Filing Separately
AMT Exemption Amount
$85,700
$133,300
$66,650
AMT Phase-out Income Level
$609,350
$1,218,700
$609,350
2023 Alternative Minimum Tax thresholds and exemption amounts
Single
Joint or Surviving Spouse
Married Filing Separately
AMT Exemption Amount
$81,300
$126,500
$63,250
AMT Phase-out Income Level
$578,150
$1,156,300
$578,150
2022 Alternative Minimum Tax thresholds and exemption amounts