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Exit Planning Tools
- Day Zero Guide
- Aha Planner
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- The Grid

A California based company on a mission to grow the wealth of everyday Americans. Zolidar is the easy button for employee ownership.

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Definition of Alternative Minimum Tax on The Grid Glossary

Alternative Minimum Tax

Published on 2024-05-30 | Last edited on 2024-05-30

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Definition

An alternative minimum tax (AMT) places a floor on the % of taxes that a filer must pay to the government, no matter how many deductions or credits the filer may claim. The US currently has an alternative minimum tax for taxpayers who earn above certain income thresholds.

Alternative Minimum Tax

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