The phaseout of the AMT exemption amount for a taxpayer filing as a head of household both begins and ends at a lower income level than it does for a married taxpayer who files a joint return.

Question

Quizplus · Accepted Answer

This statement is true. The income levels for the phaseout of the AMT exemption amount vary depending on the taxpayer's filing status. For a head of household, the phaseout begins and ends at lower income levels compared to a married taxpayer who files a joint return.

The Phaseout of the AMT Exemption Amount for a Taxpayer