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SapnaKaur
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Joined: 21 Jan 2011
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Posts: 43

Posted: 22 Jan 2011 at 12:02 \| IP Logged

Please can someone tell me the Individual AMT exemption
formula for 2010 for
1) Single
2) MFJ
3) MFS

subwayeatfresh
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Joined: 20 Aug 2010
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Posted: 22 Jan 2011 at 20:08 \| IP Logged

SapnaKaur wrote:

Please can someone tell me the Individual AMT exemption
formula for 2010 for
1) Single
2) MFJ
3) MFS

Single: $33,750 less 0.25(AMTI - $112,500)
MFJ: $45,000 less 0.25(AMTI - $150,000)
MFS: $22,500 less 0.25(AMTI - $75,000)

In no case can an exemption be less than zero.

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SapnaKaur
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Joined: 21 Jan 2011
Location: United States
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Posts: 43

Posted: 24 Jan 2011 at 15:08 \| IP Logged

THankx subway..

-Sapna

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