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  • 2024 Form 4626. Alternative Minimum Taxcorporations

Get 2024 Form 4626. Alternative Minimum Taxcorporations

4626Form Department of the Treasury Internal Revenue Service Name of corporationAlternative Minimum TaxCorporationsOMB No. 154501232024Attach to your tax return. Go to www.irs.gov/Form4626 for instructions.

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Related content

About Form 4626, Alternative Minimum Tax...
Corporations use this form to determine whether the corporation is an applicable...
Learn more
Corporate AMT – Dealing with Complexity...
Nov 6, 2023 — Draft Form 4626 (see next slide). • Indicates extensive reporting...
Learn more
FORM 10-K
Dec 30, 2021 — Indicate by check mark if the registrant is a well-known seasoned issuer...
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Related links form

December 2000) Department Instruction W-8 EXP (Rev. August 2001). Instructions For Form W-8EXP: Certificate Of Foreign 1040EZ-I. Income Tax Return For Single And Joint Filers With No Dependents 2000 Instruction(s) 1040 (Schedule F). Profit Or Loss From Farming

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To figure out whether you owe any additional tax under the Alternative Minimum Tax system, you need to fill out Form 6251. If the tax calculated on Form 6251 is higher than that calculated on your regular tax return, you have to pay the difference as AMT in addition to the regularly calculated income tax.

An individual's or married couple's income above the alternative minimum tax exemption amounts is what triggers the alternative minimum tax. This typically applies to higher earners. The AMT is 26% or 28%.

The Inflation Reduction Act created the CAMT, which imposes a 15% minimum tax on the adjusted financial statement income (AFSI) of large corporations for taxable years beginning after Dec. 31, 2022. The CAMT generally applies to large corporations with average annual financial statement income exceeding $1 billion.

AMT exemption amounts for 2024 Filing status2024 AMT exemption Single or head of household $85,700 Married, filing separately $66,650 Married, filing jointly $133,300 Oct 25, 2024

To find out if you may be subject to the AMT, refer to the Alternative Minimum Tax (AMT) line instructions in the Instructions for Form 1040 (and Form 1040-SR). If subject to the AMT, you may be required to complete and attach Form 6251, Alternative Minimum Tax – Individuals. See the Instructions for Form 6251 PDF.

Corporations use this form to determine whether the corporation is an applicable corporation under section 59(k) and to calculate corporate alternative minimum tax under section 55.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232