Alternative Minimum Tax (AMT) Assistant for Individuals
Every year taxpayers need to consider whether they will have to pay the Alternative Minimum Tax (AMT). The AMT Assistant is intended to provide a simple test for taxpayers who fill out their tax returns without using software to determine whether they may be subject to the AMT.
Using the AMT Assistant
The AMT Assistant is easy to use. You just answer a few simple questions about entries on your draft 1040 and the system does the rest. You will see the results immediately on your computer screen. Based on your entries, the results will tell you that either you do not owe the AMT or that you must go further and complete Form 6251 to find out if you owe the AMT.
Your entries are anonymous and the information will be used only for the purpose of determining your eligibility. All entries are erased when you exit or start over. See the “IRS Privacy Policy” for more information.
The Assistant can be used by individuals, tax practitioners and community or public service organizations.
Tax Year 2010 Additional Resources:
- Form 1040 Instructions (PDF)
- Form 1116, Foreign Tax Credit (Individual, Estate, or Trust) (PDF)
- Form 1116 Instructions
- Form 6251, Alternative Minimum Tax – Individuals (PDF)
- Form 6251 Instructions
Tax Year 2009 Additional Resources:
- Tax Tip 2010-33 - Seven facts to help you Understand the Alternative Minimum Tax
Tax Year 2008 Additional Resources:
- IR-2008-19 - IRS Successfully Processing Tax Forms Affected by AMT Legislation
- AMT and Filing Season 2008: Q&A
