New AMT Exemption Amount and Its Phaseout Threshold Amount

In 2019, for Married Filing Separately individuals, the 28% rate applies if his taxable income is more than $97,400.  For all other filing statuses and estate trusts, the 28% rate applies if the taxable income is more than $194,800. 


Cathy Fisher

Common Cents Bookkeeping and Tax Preparation

Serving Henderson, NC, Buncombe County, Polk County, Transylvania County


P: 828-595-2835

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