Are you subject to the AMT?
All taxpayers who are subject to the regular tax are potentially subject to the AMT. You
can determine if you are subject to the AMT by filling out the worksheet below.
NOTE: Not all taxpayers can use this worksheet. See CAUTION, below.
To use the worksheet, you must first calculate your regular tax using Form 1040 and
whatever schedules and other forms are applicable in your situation. If you would like
the AMT Advisor to determine if you are subject to the AMT for you, click here
to find out how to request this service.
NOTE: Due to the complex nature of the AMT, the worksheet can only definitively
tell you that you are not subject to the AMT. If the results indicate that you may
be subject to the AMT, you must fill out a Form 6251, Alternative Minimum Tax -
Individuals, to determine whether or not you are subject to the AMT. If it turns out
that you are not subject to the AMT, your effort will not be wasted because the
IRS requires taxpayers that the worksheet indicates may be subject the AMT to
file a Form 6251 to prove that they are not subject to it.
CAUTION: Regardless of whether the calculator or the worksheet shows you to
be subject to the AMT, you must fill out (and file) Form 6251 if you claim or have
received any of the following items:
1. Accelerated depreciation
2. Stock you received by exercising an incentive stock option that you did not dispose of in
the same year.
3. Tax-exempt interest from private activity bonds.
4. Intangible drilling, circulation, research, experimental or mining costs.
5. Amortization of pollution control facilities.
6. Income or loss from tax-shelter farm activities or passive activities.
7. Income from long-term contracts not calculated using the percentage-of-completion
method.
8. Interest paid on a home mortgage not used to buy, build, or substantially improve your
home.
9. Investment interest expense reported on Form 4952, Investment Interest Expense
Deduction.
10. Net operating loss deduction.
11. Alternative minimum tax adjustments from an estate, trust, electing large
partnership, or cooperative.
12. A Code Section 1202 exclusion.
Worksheet
1. Are you filing Schedule A?
Yes. Enter the amount from Form 1040, line 41.... . . . . . . . . . . . . 1. _______
No. Enter the amount from Form 1040, line 38, and go to
line 5.
2. Enter the smaller of the amount on Schedule A, line 4, or
2.5% (.025) of the amount on Form 1040, line 38 . . . . . . . . . . . . .2. _______
3. Enter the total of amounts from Schedule A, lines 9 and 26 . . . . 3. _______
4. Add lines 1 through 3 above . . . . . . . . . . . . . . . . . . . . . . . . . . . .4. _______
5. Enter any tax refund from Form 1040 lines 10 and 21 . . . . . . . . .5. _______
6. Subtract line 5 from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. _______
7. Enter the amount from Form 8914, line 2 . . . . . . . . . . . . . . . . . .7. _______
8. Subtract line 7 from line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8. _______
9. Enter the amount shown below for your filing status.
• Single or head of household—$40,250
• Married filing jointly or qualifying widow(er)—$58,000 }. . . . . . 9. _______
• Married filing separately—$29,000
10. Is the amount on line 9 more than the amount on line 8?
No. You do not need to fill in Form 6251. STOP.
Yes. Subtract line 9 from line 8 . . . . . . . . . . . . . . . . . . . . . . . . . .10. _______
11. Enter the amount shown below for your filing status.
• Single or head of household—$112,500
• Married filing jointly or qualifying widow(er)—$150,000 }. . . . . 11. _______
• Married filing separately—$75,000
12. Is the amount on line 8 more than the amount on line 11?
No. Enter the amount from line 10 on line 14 and go to
line 15.
Yes. Subtract line 11 from line 8 . . . . . . . . . . . . . . . . . . . . . . . .12. _______
13. Multiply line 8 by 25% (.25) and enter the result but do not
enter more than line 9 above . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13. _______
14. Add lines 10 and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14. _______
15. Is the amount on line 14 more than $175,000 ($87,500 if
married filing separately)?
Yes. STOP* Fill in Form 6251 to see if you owe the alternative
minimum tax.
No. Multiply line 14 by 26% (.26) . . . . . . . . . . . . . . . . . . . . . . . .15. _______
16. Enter the amount from Form 1040, line 44, minus the
total of any tax from Form 4972, Tax on Lump Sum Distributions
and any amount on Form 1040, line 47. If you used Schedule J
to calculate your tax, the amounts for lines 44 and 47 of Form
1040 must be recalculated without using Schedule J. . . . . . . . . 16. _______
17. Is the amount on line 15 more than the amount on line 16?
Yes. Fill in Form 6251 to see if you owe the alternative
minimum tax.*
No. You do not need to fill in Form 6251.
*If you are not subject to the AMT, file the filled out Form 6251 with your return to show
the IRS that you are not subject to it.
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