IRS Form 6251, titled Alternative Minimum Tax—Individuals, determines how much alternative minimum tax (AMT) you could owe. In order for wealthy individuals to pay their fair share of income tax, ...

Most taxpayers find preparing their regular tax return bad enough on its own. But thanks to the law governing the Alternative Minimum Tax, many taxpayers must essentially complete two tax returns -- ...

The alternative minimum tax was first introduced in 1969 as a way to prevent wealthy people from taking advantage of so many income tax deductions and credits that they paid little, if any, income ...

The alternative minimum tax is part of the so-called "parallel" tax system that was put in place in the 1970s to ensure that very wealthy taxpayers could not use certain deductions and exemptions to ...

For my AMT 6251 form, line 6 comes from the Itemized Deduction Worksheet and line 7 from 1040 line 10. My numbers are positive, but my tax software made them negative on the 6251. Should they be ...

If filling out the standard 1040 income-tax form seems tortuous, wait until you encounter Form 6251, which computes the alternative minimum tax. You do it after you've done the 1040, and it makes you ...

Surprise! You might have to file more than just your 1040. Image: John Morgan via Flickr. Most taxpayers find preparing their regular tax return bad enough on its own. But thanks to the law governing ...