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Form 6251 Online WV: What You Should Know
What is AMT? | Advisor Form 6251, Alternative Minimum Tax (PDF). How to File your Tax Return for 2025 | Advisor Tax Return Guide. WV State Tax Department: Alternative Minimum Tax and Form 6251. For more information on the Alternative Minimum Tax (AMT), go to: A full-year resident of Oklahoma who does not have other sources of income and does not spend more than 750 (including a family of four with three or more persons) on the purchase of motor vehicles during the tax year must use Form 706 to report the alternative minimum tax (AMT) liability. For more information on how Alternative Minimum Tax (AMT) applies to individuals, see: The full-year resident of Maryland who does not have other sources of income and spends more than 750 (including a family of four with three or more persons) on the purchase of motor vehicles during the tax year must use Form 7004 to report the AMT (if any) on your tax return. What is AMT? | Advisor Filing for an extension of time to file your tax return. For more information on how AMT operates in your area, see: What is an AMT? | Advisor Form 706, Alternative Minimum Tax (PDF). The AMT is a tax on certain individuals with the highest incomes. The AMT applies to individuals with adjusted gross incomes (AGI) of 65,000 or more for married couples filing jointly; 75,000 or more for all other individuals; 130,000 or more for heads of household; and 150,000 or more (250,000 for couples filing separately) for estates. Individuals with very high incomes, such as those with combined AGI of 1 million or more, or individuals with 2 million or more in AGI, are exempt from the AMT. The top rate on income subject to AMT is 40 percent. What is the AMT? | Advisor There is a maximum exclusion amount for AMT.
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