
Who Will Be Impacted by the $88,100 AMT Exemption for Singles?
The IRS has announced that the **$88,100** **Alternative Minimum Tax (AMT) exemption** for single filers will remain unchanged for the current tax year, sparing many middle-income taxpayers from additional tax burdens. This exemption amount, which determines whether a taxpayer is subject to the AMT, effectively shields a substantial portion of filers from complex calculations and...
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