29 The tax rate applied to the AMTI for individuals is 2 percent higher than the top individual regular tax rate.

Question

Quizplus · Accepted Answer

The tax rate applied to the Alternative Minimum Taxable Income (AMTI) for individuals is not a fixed percentage higher than the top individual regular tax rate. Instead, the AMT uses different rates (26% and 28%) applied to AMTI over certain thresholds, which are not directly tied to the top individual regular tax rate.

29 the Tax Rate Applied to the AMTI for Individuals