How to Use alternative minimum tax in a Sentence

alternative minimum tax

noun
  • That is because of the alternative minimum tax, which is designed to create a base tax rate for all earners.
    — Tanza Loudenback, wsj.com, 9 Nov. 2023
  • Don’t forget to consider the effects of the alternative minimum tax when planning how much to give.
    — Bob Carlson, Forbes, 26 June 2021
  • The plan would also repeal the estate tax, the gift tax, the net-investment income tax, and the alternative minimum tax.
    — Dominic Pino, National Review, 2 Mar. 2023
  • Estimated tax is used to pay income tax plus self-employment tax and alternative minimum tax.
    — Medora Lee, USA TODAY, 6 June 2023
  • Abolish the alternative minimum tax, which is designed to ensure that the most wealthy taxpayers pay a minimum tax.
    — Eugene Kiely, USA TODAY, 14 Sep. 2017
  • If the alternative minimum tax is eliminated, that will also help top-tier income households.
    — Roger Showley, sandiegouniontribune.com, 8 Dec. 2017
  • The alternative minimum tax exemption is made permanent, but the phaseout happens twice as fast.
    — Tobias Burns, The Hill, 4 July 2025
  • For some investors, a portion of the fund’s income may be subject to state and local taxes, as well as to the federal alternative minimum tax.
    — Paul Malloy, Fortune, 4 Oct. 2025
  • Many higher-income households already have their state and local tax breaks curtailed under the alternative minimum tax.
    — Siobhan Hughes, WSJ, 28 Sep. 2017
  • Employees who exercise incentive stock options in a downturn may end up on the hook for a lower alternative minimum tax bill.
    — Darla Mercado, Cfp®, CNBC, 24 Mar. 2026
  • The bill also reduces the number of people who will have to calculate their taxes twice, by limiting the reach of the alternative minimum tax.
    — The Editors, National Review, 18 Dec. 2017
  • Some of its provisions most likely gave him an advantage at tax time — including the scaling back of the alternative minimum tax on high earners.
    — Jim Tankersley, BostonGlobe.com, 31 Dec. 2022
  • Estimated tax is used to pay not only income tax, but other taxes such as self-employment tax and alternative minimum tax.
    — Nicholas Creel, MSNBC Newsweek, 18 Apr. 2025
  • The plan would also increase the standard deduction, increase the child tax credit and repeal the alternative minimum tax.
    — Ryan Struyk, CNN, 18 Oct. 2017
  • The 15% corporate book tax is a new alternative minimum tax that will hit more companies over time as it isn’t indexed for inflation.
    — The Editorial Board, WSJ, 8 Aug. 2022
  • Both plans would repeal the estate tax, the alternative minimum tax, and the tax on investment income imposed by Obamacare.
    — Alex Raskolnikov, Foreign Affairs, 24 May 2017
  • The alternative minimum tax will return to affect millions of upper-income households.
    — Richard Rubin, WSJ, 3 Sep. 2022
  • But the same family could benefit from the elimination of the alternative minimum tax.
    — Teresa Dixon Murray, cleveland.com, 4 Nov. 2017
  • The proposal would cut individual and corporate tax rates, and repeal the alternative minimum tax and the estate tax, both of which would be a boon for the wealthy.
    — Zachary Mider, Bloomberg.com, 27 Sep. 2017
  • The alternative minimum tax, or AMT, establishes a base tax rate for all earners.
    — Tanza Loudenback, wsj.com, 9 Nov. 2023
  • Rinehart also likes the premium in AMT bonds — those subject to the alternative minimum tax.
    — Michelle Fox, CNBC, 5 May 2025
  • On top of that, airport revenue munis are subjected to the alternative minimum tax (AMT).
    — Michelle Fox, CNBC, 25 Nov. 2024
  • Finally, there are changes in the alternative minimum tax (AMT) and estate tax exemptions.
    — Jj Kinahan, Forbes, 27 Oct. 2021
  • And Republicans want to repeal the alternative minimum tax, which hits high-net worth individuals, and the estate tax, which affects wealthy scions.
    — David Dayen, New Republic, 31 Oct. 2017
  • The alternative minimum tax also only applied initially to the richest Americans, but with time expanded to hit millions in the middle class.
    — The Editorial Board, WSJ, 25 Oct. 2021
  • Companies stand to save an additional $40 billion over the decade thanks to the elimination of the corporate alternative minimum tax.
    — Theo Francis, WSJ, 15 Feb. 2019
  • The alternative minimum tax and a version of the SALT cap for corporations will also be important.
    — Emily Brooks, The Hill, 11 Jan. 2025
  • Her lower federal tax for 2018 resulted from the changes in the new tax law because more of her income was taxed at lower tax rates and the alternative minimum tax was eliminated.
    — Ray Martin, CBS News, 28 June 2019
  • Also on the table is the alternative minimum tax, or AMT, which is a tax individuals have to pay if their income exceeds certain thresholds.
    — Michelle Fox, CNBC, 18 Sep. 2024
  • However, taxpayers who are subject to the alternative minimum tax (AMT) might not get tax savings from larger deductions for state and local taxes.
    — Robert Powell, USA TODAY, 22 Dec. 2017

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'alternative minimum tax.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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