Alternative Minimum Tax (AMT) Calculator

Professional-grade AMT calculator for U.S. federal taxes. Estimate Alternative Minimum Tax (AMT) using 2024 IRS thresholds, exemptions, and rates. Built for startup employees, investors, and tax-aware filers.

Full original guide (expanded)

Alternative Minimum Tax (AMT) Calculator

Estimate alternative minimum tax (AMT) based on income and adjustments.

Interactive AMT Calculator

Tax Year

Filing Status

Single

Married Filing Jointly

Married Filing Separately

Head of Household

Taxable Income (Form 1040)

ISO Bargain Element (AMT preference)

State and Local Tax (SALT) Deduction Claimed

Standard Deduction (if claimed)

Other AMT Adjustments/Preferences

Regular Tax Liability

AMT Foreign Tax Credit (optional)

This tool provides an estimate based on user inputs and IRS 2024 rules. It does not constitute tax advice.

Results

Alternative Minimum Taxable Income (AMTI) $0.00

AMT Exemption (after phaseout) $0.00

AMT Taxable Income (AMTI − Exemption) $0.00

Tentative Minimum Tax (TMT) $0.00

Regular Tax Liability $0.00

Estimated AMT Owed This Year $0.00

Potential Minimum Tax Credit Created $0.00

Data Source and Methodology

Authoritative Data Source: IRS Form 6251 (Alternative Minimum Tax—Individuals) and Instructions; IRS Revenue Procedure 2023-34 (Inflation Adjustments for 2024). Published 2023-11, U.S. Internal Revenue Service.

IRS Instructions for Form 6251 (2024): https://www.irs.gov/forms-pubs/about-form-6251
IRS Rev. Proc. 2023-34 (AMT exemption, phaseouts, 26%/28% thresholds for 2024): https://www.irs.gov/pub/irs-drop/rp-23-34.pdf

All calculations strictly follow the formulas and figures provided by these sources. (Tutti i calcoli si basano rigorosamente sulle formule e sui dati forniti da questa fonte.)

The Formula Explained

AMTI:

AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments

LaTeX: $ \mathrm{AMTI} = TI + SALT + SD + ISO + OA $

Exemption and phaseout:

LaTeX: $ \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) $

AMT Taxable Income:

LaTeX: $ \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) $

Tentative Minimum Tax (26%/28% rates):

LaTeX: $ \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) $

where B is the 28% breakpoint (2024: $232{,}600; $116{,}300 if MFS).

AMT Owed:

LaTeX: $ \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) $

Minimum Tax Credit creation (if TMT < RegularTax):

LaTeX: $ \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) $

Glossary of Variables

Field	Definition
Taxable Income (TI)	Your regular taxable income from Form 1040.
SALT deducted	State and local taxes you deducted on Schedule A; disallowed for AMT and added back.
Standard Deduction (SD)	Disallowed for AMT. If taken, add back the amount.
ISO bargain element	AMT preference from exercising ISOs and holding the shares.
Other adjustments (OA)	Other AMT-specific addbacks or preferences from Form 6251.
AMTI	Alternative Minimum Taxable Income before exemption.
Exemption	AMT exemption allowed, reduced by the 25% phaseout above thresholds.
AMT Taxable Income (AMTTI)	AMTI minus allowed exemption (not below zero).
Tentative Minimum Tax (TMT)	AMT computed using 26%/28% rates on AMTTI.
Regular Tax	Your regular tax liability used to compare with TMT.
AMT Owed	Amount due if TMT exceeds regular tax (after AMT FTC).
Minimum Tax Credit (MTC)	Potential credit created if regular tax exceeds TMT.

Worked Example

How It Works: A Step-by-Step Example

Assume Tax Year 2024, Filing Status: Single. Taxable income: $160,000; ISO bargain element: $50,000; SALT deducted: $10,000; Standard deduction taken: $14,600; Other adjustments: $0; Regular tax: $28,000; AMT foreign tax credit: $0.

AMTI = 160,000 + 10,000 + 14,600 + 50,000 + 0 = $234,600.
Exemption (Single 2024 = $85,700; phaseout starts at $609,350). Since AMTI is below the threshold, no reduction. Exemption used = $85,700.
AMT Taxable Income = 234,600 − 85,700 = $148,900.
TMT at 26%/28% (breakpoint $232,600): AMTTI is below breakpoint → TMT = 0.26 × 148,900 = $38,714.
AMT owed = max(0, 38,714 − 0 − 28,000) = $10,714.
MTC created = max(0, 28,000 − 38,714) = $0.

Frequently Asked Questions (FAQ)

What is AMTI and how is it different from taxable income?

AMTI starts with your taxable income and adds back items disallowed under AMT (like the standard deduction and SALT) and adds AMT preference items (e.g., ISO bargain element).

Which amounts does this calculator use for 2024?

Exemptions: $85,700 (Single/HOH), $133,300 (MFJ), $66,650 (MFS). Phaseout thresholds: $609,350 (Single/HOH), $1,218,700 (MFJ), $609,350 (MFS). 28% breakpoint: $232,600 ($116,300 MFS).

Does exercising ISOs always cause AMT?

No. It increases AMTI by the bargain element, which may or may not push TMT above your regular tax depending on your overall situation.

How accurate is this estimate?

It follows IRS rules for 2024 but omits some specialized adjustments. Use it for planning; confirm with tax software or a professional.

Where do I find my regular tax?

Typically Form 1040 line 16 (labels vary by year), after applicable nonrefundable credits but before AMT additions.

What if I itemized instead of taking the standard deduction?

Enter 0 for the standard deduction field. If you claimed SALT on Schedule A, include that amount so it can be added back for AMT.

Can I use prior-year MTC in this calculator?

This tool focuses on current-year AMT owed and potential MTC creation. Applying prior-year credits is beyond scope; consult a tax advisor.

Audit: Complete

Formula (LaTeX) + variables + units

This section shows the formulas used by the calculator engine, plus variable definitions and units.

Formula (extracted LaTeX)

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Formula (extracted text)

AMTI: AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments LaTeX: \( \mathrm{AMTI} = TI + SALT + SD + ISO + OA \) Exemption and phaseout: LaTeX: \( \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) \) AMT Taxable Income: LaTeX: \( \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) \) Tentative Minimum Tax (26%/28% rates): LaTeX: \( \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) \) where B is the 28% breakpoint (2024: $232{,}600; 


  Audit: Complete

  
    Formula (LaTeX) + variables + units
    
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  Formula (extracted LaTeX)
  \[','\]
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  Formula (extracted text)
  
  AMTI: AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments LaTeX: \( \mathrm{AMTI} = TI + SALT + SD + ISO + OA \) Exemption and phaseout: LaTeX: \( \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) \) AMT Taxable Income: LaTeX: \( \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) \) Tentative Minimum Tax (26%/28% rates): LaTeX: \( \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) \) where B is the 28% breakpoint (2024: $232{,}600; 


  Audit: Complete

  
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  Formula (extracted LaTeX)
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  Formula (extracted text)
  
  AMTI: AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments LaTeX: \( \mathrm{AMTI} = TI + SALT + SD + ISO + OA \) Exemption and phaseout: LaTeX: \( \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) \) AMT Taxable Income: LaTeX: \( \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) \) Tentative Minimum Tax (26%/28% rates): LaTeX: \( \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) \) where B is the 28% breakpoint (2024: $232{,}600; 


  Audit: Complete

  
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  Formula (extracted LaTeX)
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  Formula (extracted text)
  
  AMTI: AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments LaTeX: \( \mathrm{AMTI} = TI + SALT + SD + ISO + OA \) Exemption and phaseout: LaTeX: \( \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) \) AMT Taxable Income: LaTeX: \( \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) \) Tentative Minimum Tax (26%/28% rates): LaTeX: \( \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) \) where B is the 28% breakpoint (2024: $232{,}600; 


  Audit: Complete

  
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      This section shows the formulas used by the calculator engine, plus variable definitions and units.
      
    
    
      
  Formula (extracted LaTeX)
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  Formula (extracted text)
  
  AMTI: AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments LaTeX: \( \mathrm{AMTI} = TI + SALT + SD + ISO + OA \) Exemption and phaseout: LaTeX: \( \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) \) AMT Taxable Income: LaTeX: \( \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) \) Tentative Minimum Tax (26%/28% rates): LaTeX: \( \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) \) where B is the 28% breakpoint (2024: $232{,}600; 


  Audit: Complete

  
    Formula (LaTeX) + variables + units
    
      This section shows the formulas used by the calculator engine, plus variable definitions and units.
      
    
    
      
  Formula (extracted LaTeX)
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  Formula (extracted text)
  
  AMTI: AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments LaTeX: \( \mathrm{AMTI} = TI + SALT + SD + ISO + OA \) Exemption and phaseout: LaTeX: \( \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) \) AMT Taxable Income: LaTeX: \( \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) \) Tentative Minimum Tax (26%/28% rates): LaTeX: \( \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) \) where B is the 28% breakpoint (2024: $232{,}600; 


  Audit: Complete

  
    Formula (LaTeX) + variables + units
    
      This section shows the formulas used by the calculator engine, plus variable definitions and units.
      
    
    
      
  Formula (extracted LaTeX)
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  Formula (extracted text)
  
  AMTI: AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments LaTeX: \( \mathrm{AMTI} = TI + SALT + SD + ISO + OA \) Exemption and phaseout: LaTeX: \( \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) \) AMT Taxable Income: LaTeX: \( \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) \) Tentative Minimum Tax (26%/28% rates): LaTeX: \( \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) \) where B is the 28% breakpoint (2024: $232{,}600; 


  Audit: Complete

  
    Formula (LaTeX) + variables + units
    
      This section shows the formulas used by the calculator engine, plus variable definitions and units.
      
    
    
      
  Formula (extracted LaTeX)
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  Formula (extracted text)
  
  AMTI: AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments LaTeX: \( \mathrm{AMTI} = TI + SALT + SD + ISO + OA \) Exemption and phaseout: LaTeX: \( \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) \) AMT Taxable Income: LaTeX: \( \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) \) Tentative Minimum Tax (26%/28% rates): LaTeX: \( \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) \) where B is the 28% breakpoint (2024: $232{,}600; 


  Audit: Complete

  
    Formula (LaTeX) + variables + units
    
      This section shows the formulas used by the calculator engine, plus variable definitions and units.
      
    
    
      
  Formula (extracted LaTeX)
  \[','\]
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  Formula (extracted text)
  
  AMTI: AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments LaTeX: \( \mathrm{AMTI} = TI + SALT + SD + ISO + OA \) Exemption and phaseout: LaTeX: \( \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) \) AMT Taxable Income: LaTeX: \( \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) \) Tentative Minimum Tax (26%/28% rates): LaTeX: \( \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) \) where B is the 28% breakpoint (2024: $232{,}600; 


  Audit: Complete

  
    Formula (LaTeX) + variables + units
    
      This section shows the formulas used by the calculator engine, plus variable definitions and units.
      
    
    
      
  Formula (extracted LaTeX)
  \[','\]
  ','


  Formula (extracted text)
  
  AMTI: AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments LaTeX: \( \mathrm{AMTI} = TI + SALT + SD + ISO + OA \) Exemption and phaseout: LaTeX: \( \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) \) AMT Taxable Income: LaTeX: \( \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) \) Tentative Minimum Tax (26%/28% rates): LaTeX: \( \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) \) where B is the 28% breakpoint (2024: $232{,}600; 


  Audit: Complete

  
    Formula (LaTeX) + variables + units
    
      This section shows the formulas used by the calculator engine, plus variable definitions and units.
      
    
    
      
  Formula (extracted LaTeX)
  \[','\]
  ','


  Formula (extracted text)
  
  AMTI: AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments LaTeX: \( \mathrm{AMTI} = TI + SALT + SD + ISO + OA \) Exemption and phaseout: LaTeX: \( \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) \) AMT Taxable Income: LaTeX: \( \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) \) Tentative Minimum Tax (26%/28% rates): LaTeX: \( \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) \) where B is the 28% breakpoint (2024: $232{,}600; 


  
    Formula (LaTeX) + variables + units
    
      This section shows the exact formulas used by the calculator engine, plus variable definitions and units.
    
    
      
  Formula (extracted LaTeX)
  \[','\]
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  Formula (extracted text)
  \[\]
  AMTI: AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments LaTeX: \( \mathrm{AMTI} = TI + SALT + SD + ISO + OA \) Exemption and phaseout: LaTeX: \( \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) \) AMT Taxable Income: LaTeX: \( \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) \) Tentative Minimum Tax (26%/28% rates): LaTeX: \( \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) \) where B is the 28% breakpoint (2024: $232{,}600; 


  
    Formula (LaTeX) + variables + units
    
      This section shows the exact formulas used by the calculator engine, plus variable definitions and units.
    
    
      
  Formula (extracted LaTeX)
  \[','\]
  ','


  Formula (extracted text)
  \[\]
  AMTI: AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments LaTeX: \( \mathrm{AMTI} = TI + SALT + SD + ISO + OA \) Exemption and phaseout: LaTeX: \( \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) \) AMT Taxable Income: LaTeX: \( \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) \) Tentative Minimum Tax (26%/28% rates): LaTeX: \( \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) \) where B is the 28% breakpoint (2024: $232{,}600; 


  
    Formula (LaTeX) + variables + units
    
      This section shows the exact formulas used by the calculator engine, plus variable definitions and units.
    
    
      
  Formula (extracted LaTeX)
  \[','\]
  ','


  Formula (extracted text)
  \[\]
  AMTI: AMTI = TaxableIncome + SALT_{deducted} + StdDeduction_{if\ taken} + ISO_{bargain} + OtherAdjustments LaTeX: \( \mathrm{AMTI} = TI + SALT + SD + ISO + OA \) Exemption and phaseout: LaTeX: \( \mathrm{ExemptionUsed} = \max\big(0,\ \mathrm{Exemption} - 0.25\cdot \max(0,\ \mathrm{AMTI}-\mathrm{PhaseoutThreshold})\big) \) AMT Taxable Income: LaTeX: \( \mathrm{AMTTI} = \max(0,\ \mathrm{AMTI} - \mathrm{ExemptionUsed}) \) Tentative Minimum Tax (26%/28% rates): LaTeX: \( \mathrm{TMT} = 0.26\cdot \min(\mathrm{AMTTI}, B) + 0.28\cdot \max(0,\ \mathrm{AMTTI}-B) \) where B is the 28% breakpoint (2024: $232{,}600; $116{,}300 if MFS). AMT Owed: LaTeX: \( \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) \) Minimum Tax Credit creation (if TMT < RegularTax): LaTeX: \( \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) \)

      Variables and units
      
        T = property tax (annual or monthly depending on input) (currency)
      
    
  

  
    Sources (authoritative):
    
      Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
US Taxation (Federal) — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/taxes
    
  

  
    Changelog

    
      Version: 0.1.0-draft

      Last code update: 2026-01-19
    
    
  0.1.0-draft · 2026-01-19
  
    Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.
  

  

  
    Verified by Ugo Candido on 2026-01-19

    Profile ·
    LinkedIn
  

16{,}300 if MFS). AMT Owed: LaTeX: \( \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) \) Minimum Tax Credit creation (if TMT < RegularTax): LaTeX: \( \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) \)

      Variables and units
      
        T = property tax (annual or monthly depending on input) (currency)
      
    
  

  
    Sources (authoritative):
    
      Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
US Taxation (Federal) — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/taxes
    
  

  
    Changelog

    
      Version: 0.1.0-draft

      Last code update: 2026-01-19
    
    
  0.1.0-draft · 2026-01-19
  
    Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.
  

  

  
    Verified by Ugo Candido on 2026-01-19

    Profile ·
    LinkedIn
  

16{,}300 if MFS). AMT Owed: LaTeX: \( \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) \) Minimum Tax Credit creation (if TMT < RegularTax): LaTeX: \( \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) \)

      Variables and units
      
        T = property tax (annual or monthly depending on input) (currency)
      
    
  

  
    Sources (authoritative):
    
      Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
US Taxation (Federal) — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/taxes
    
  

  
    Changelog

    
      Version: 0.1.0-draft

      Last code update: 2026-01-19
    
    
  0.1.0-draft · 2026-01-19
  
    Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.
  

  

  
    Verified by Ugo Candido on 2026-01-19

    Profile ·
    LinkedIn
  

16{,}300 if MFS). AMT Owed: LaTeX: \( \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) \) Minimum Tax Credit creation (if TMT < RegularTax): LaTeX: \( \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) \)

      Variables and units
      
        T = property tax (annual or monthly depending on input) (currency)
      
    
  

  
    Sources (authoritative):
    
      Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
US Taxation (Federal) — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/taxes
    
  

  
    Changelog

    
      Version: 0.1.0-draft

      Last code update: 2026-01-19
    
    
  0.1.0-draft · 2026-01-19
  
    Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.
  

  

  
    Verified by Ugo Candido on 2026-01-19

    Profile ·
    LinkedIn
  

16{,}300 if MFS). AMT Owed: LaTeX: \( \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) \) Minimum Tax Credit creation (if TMT < RegularTax): LaTeX: \( \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) \)

      Variables and units
      
        T = property tax (annual or monthly depending on input) (currency)
      
    
  

  
    Sources (authoritative):
    
      Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
US Taxation (Federal) — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/taxes
    
  

  
    Changelog

    
      Version: 0.1.0-draft

      Last code update: 2026-01-19
    
    
  0.1.0-draft · 2026-01-19
  
    Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.
  

  

  
    Verified by Ugo Candido on 2026-01-19

    Profile ·
    LinkedIn
  

16{,}300 if MFS). AMT Owed: LaTeX: \( \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) \) Minimum Tax Credit creation (if TMT < RegularTax): LaTeX: \( \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) \)

      Variables and units
      
        T = property tax (annual or monthly depending on input) (currency)
      
    
  

  
    Sources (authoritative):
    
      Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
US Taxation (Federal) — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/taxes
    
  

  
    Changelog

    
      Version: 0.1.0-draft

      Last code update: 2026-01-19
    
    
  0.1.0-draft · 2026-01-19
  
    Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.
  

  

  
    Verified by Ugo Candido on 2026-01-19

    Profile ·
    LinkedIn
  

16{,}300 if MFS). AMT Owed: LaTeX: \( \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) \) Minimum Tax Credit creation (if TMT < RegularTax): LaTeX: \( \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) \)

      Variables and units
      
        T = property tax (annual or monthly depending on input) (currency)
      
    
  

  
    Sources (authoritative):
    
      Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
US Taxation (Federal) — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/taxes
    
  

  
    Changelog

    
      Version: 0.1.0-draft

      Last code update: 2026-01-19
    
    
  0.1.0-draft · 2026-01-19
  
    Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.
  

  

  
    Verified by Ugo Candido on 2026-01-19

    Profile ·
    LinkedIn
  

16{,}300 if MFS). AMT Owed: LaTeX: \( \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) \) Minimum Tax Credit creation (if TMT < RegularTax): LaTeX: \( \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) \)

      Variables and units
      
        T = property tax (annual or monthly depending on input) (currency)
      
    
  

  
    Sources (authoritative):
    
      Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
US Taxation (Federal) — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/taxes
    
  

  
    Changelog

    
      Version: 0.1.0-draft

      Last code update: 2026-01-19
    
    
  0.1.0-draft · 2026-01-19
  
    Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.
  

  

  
    Verified by Ugo Candido on 2026-01-19

    Profile ·
    LinkedIn
  

16{,}300 if MFS). AMT Owed: LaTeX: \( \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) \) Minimum Tax Credit creation (if TMT < RegularTax): LaTeX: \( \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) \)

      Variables and units
      
        T = property tax (annual or monthly depending on input) (currency)
      
    
  

  
    Sources (authoritative):
    
      Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
US Taxation (Federal) — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/taxes
    
  

  
    Changelog

    
      Version: 0.1.0-draft

      Last code update: 2026-01-19
    
    
  0.1.0-draft · 2026-01-19
  
    Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.
  

  

  
    Verified by Ugo Candido on 2026-01-19

    Profile ·
    LinkedIn
  

16{,}300 if MFS). AMT Owed: LaTeX: \( \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) \) Minimum Tax Credit creation (if TMT < RegularTax): LaTeX: \( \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) \)

      Variables and units
      
        T = property tax (annual or monthly depending on input) (currency)
      
    
  

  
    Sources (authoritative):
    
      Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
US Taxation (Federal) — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/taxes
    
  

  
    Changelog

    
      Version: 0.1.0-draft

      Last code update: 2026-01-19
    
    
  0.1.0-draft · 2026-01-19
  
    Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.
  

  

  
    Verified by Ugo Candido on 2026-01-19

    Profile ·
    LinkedIn
  

16{,}300 if MFS). AMT Owed: LaTeX: \( \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) \) Minimum Tax Credit creation (if TMT < RegularTax): LaTeX: \( \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) \)

      Variables and units
      
        T = property tax (annual or monthly depending on input) (currency)
      
    
  

  
    Sources (authoritative):
    
      Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
US Taxation (Federal) — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/taxes
    
  

  
    Changelog

    
      Version: 0.1.0-draft

      Last code update: 2026-01-19
    
    
  0.1.0-draft · 2026-01-19
  
    Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.
  

  

  
    Verified by Ugo Candido on 2026-01-19

    Profile ·
    LinkedIn
  

16{,}300 if MFS). AMT Owed: LaTeX: \( \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) \) Minimum Tax Credit creation (if TMT < RegularTax): LaTeX: \( \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) \)

      Variables and units
      
        T = property tax (annual or monthly depending on input) (currency)
      
    
  

  
    Sources (authoritative):
    
      Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
US Taxation (Federal) — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/taxes
    
  

  
    Changelog

    
      Version: 0.1.0-draft

      Last code update: 2026-01-19
    
    
  0.1.0-draft · 2026-01-19
  
    Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.
  

  

  
    Verified by Ugo Candido on 2026-01-19

    Profile ·
    LinkedIn
  

16{,}300 if MFS). AMT Owed: LaTeX: \( \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) \) Minimum Tax Credit creation (if TMT < RegularTax): LaTeX: \( \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) \)

      Variables and units
      
        T = property tax (annual or monthly depending on input) (currency)
      
    
  

  
    Sources (authoritative):
    
      Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
US Taxation (Federal) — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/taxes
    
  

  
    Changelog

    
      Version: 0.1.0-draft

      Last code update: 2026-01-19
    
    
  0.1.0-draft · 2026-01-19
  
    Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.
  

  

  
    Verified by Ugo Candido on 2026-01-19

    Profile ·
    LinkedIn
  

16{,}300 if MFS). AMT Owed: LaTeX: \( \mathrm{AMT\ Owed} = \max\big(0,\ \mathrm{TMT} - \mathrm{AMT\ FTC} - \mathrm{RegularTax}\big) \) Minimum Tax Credit creation (if TMT < RegularTax): LaTeX: \( \mathrm{MTC} = \max\big(0,\ \mathrm{RegularTax} - \mathrm{TMT}\big) \)

Variables and units

T = property tax (annual or monthly depending on input) (currency)

Sources (authoritative):

Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
US Taxation (Federal) — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/taxes

Changelog

Version: 0.1.0-draft
Last code update: 2026-01-19

0.1.0-draft · 2026-01-19

Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.

Verified by Ugo Candido on 2026-01-19
Profile · LinkedIn

Formulas

(Formulas preserved from original page content, if present.)

Version 0.1.0-draft

Citations

Add authoritative sources relevant to this calculator (standards bodies, manuals, official docs).

Changelog

0.1.0-draft — 2026-01-19: Initial draft (review required).