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2013 | OriginalPaper | Buchkapitel
31. The Alternative Minimum Tax
Let the Fear and Trembling Begin
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Abstract
Every year more people are becoming aware of the existence of the Alternative Minimum Tax (AMT). Some of this awareness is the result of the media’s focus on it. Unfortunately, though, many people become aware of this tax only because it has shown up on their tax return unexpectedly. Every year more middle-income Americans find themselves caught by the AMT, and it is painful when it catches you.