You're here:  Home --> Dictionary --> A --> AMT

Tax Deduction
Tax Credit
Tax Bracket
Federal Taxes

Alternative Minimum Tax
Term category: Stocks
In 10 words or less: A measure to ensure that everyone pays at least some tax.

Definition: The alternative minimum tax (AMT) is an initiative that adds certain tax preference items back into a person or company's adjusted gross income (AGI).

StockJargon Advice: The IRS imposes an alternative minimum tax in order to ensure that wealthy individuals don't escape paying taxes by using tax shelters and other measures.

Related Articles

Tax Saving Techniques
Want to avoid a big tax bill? This article will give you a few tips to help you do so…

Where is my Money Going?
A breakdown of how your tax dollars are spent by the US government.

What are the Various Taxes?
A quick overview of each of the different types of taxes.

Related Books

Taxes 2006 for Dummies by Eric Tyson
The Complete Idiot's Guide to Tax-free Investing by Grace Weinstein
Investing for Dummies by Eric Tyson
The Five Rules for Successful Stock Investing by Pat Dorsey

# -A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z