The AMT exemption for a C corporation is $50,000 reduced by 25% of the amount by which AMTI exceeds $150,000.

Name: The AMT exemption for a C corporation is $50,000 reduced by 25% of the amount by which AMTI exceeds $150,000.
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The AMT exemption for a C corporation is no longer applicable as the corporate AMT was repealed by the Tax Cuts and Jobs Act of 2017. This statement may have been true in the past, but it is not currently accurate.

The AMT Exemption for a C Corporation Is $50,000 Reduced