Alternative Minimum Tax Rates, Tax Brackets and Exemptions

Alternative Minimum Tax Rates & Tax Brackets

Single
26%: $0-$175,000
28%: $175,001-

Married filing jointly / Qualifying widow(er)
26%: $0-$175,000
28%: $175,001-

Married filing separately
26%: $0-$87,500
28%: $87,501-

Head of Household
26%: $0-$175,000
28%: $175,001-

Alternative Minimum Tax Exemptions and Phase-outs

Congress passed an "AMT patch" for 2010 and 2011. All AMT calculators are updated to reflect these approved amounts (see below). There is no patch for 2012, meaning the AMT rates revert to 1980s levels - watch this space for Congressional updates.

For additional information, follow us on Twitter @AltMinTax or go to our AMT Current News & Info page for the latest news and updates on the patch and the Alternative Minimum Tax.

For reference, AMT exemption history - Tax year and date signed / exemption rates released:

2010-11 12/17/10 The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010

2009 2/17/09 American Recovery and Reinvestment Act of 2009

2008 10/3/08 Emergency Economic Stabilization Act of 2008

2007 12/26/07 Tax Increase Prevention Act of 2007

2006 5/17/06 Tax Increase Prevention and Reconciliation Act of 2005

2005 10/22/04 American Jobs Creation Act of 2004

2003-04 5/28/03 Jobs and Growth Tax Relief Reconciliation Act of 2003

2001-02 6/7/01 Economic Growth and Tax Relief Reconciliation Act of 2001

View our Alternative Minimum Tax Calculators - they will help you 1) determine if you will be subject to the AMT this year, 2) understand the AMT items causing you to be trapped in the AMT and 3) calculate, plan and reduce / avoid the AMT. Get started today!

Tax Year 2010: Alternative Minimum Tax Exemption amounts

Filing Status	AMT Exemption Form 6251, line 29	AMT Exemption phase-out, if income over	AMT Exemption is zero, if income over
Single or Head of Household	$47,450	$112,500	$302,300
Married filing jointly or Qualifying widow(er)	$72,450	$150,000	$439,800
Married filing separately	$36,225	$75,000	$219,900

Tax Year 2011: Alternative Minimum Tax Exemption amounts

Filing Status	AMT Exemption Form 6251, line 29	AMT Exemption phase-out, if income over	AMT Exemption is zero, if income over
Single or Head of Household	$48,450	$112,500	$306,300
Married filing jointly or Qualifying widow(er)	$74,450	$150,000	$447,800
Married filing separately	$37,225	$75,000	$223,900