AMT Patch at Last

Just before Congress recessed for the Christmas break, it approved a one-year fix to the alternative minimum tax (AMT) problem

Tags: Alternative Minimum Tax, Credits/Deductions, Filing, Paying taxes, Refunds, Tax Returns

Ask JK

Most Popular

Ask JK

Advanced

Is income averaging still available? 25k views
Where do I report income from my corporation on Form 1040? 12.6k views
I paid a convenience fee when I charged my property taxes. Can I deduct this fee? 7.8k views
I sold some municipal bonds at a loss. Can I deduct the loss? 7.3k views

Featured Books

Lasser Professional 2026

J.K. Lasser Institute

$110.00

Learn more

View all books Next Book

Tax Glossary

Tenants in common

Two or more persons who have undivided ownership rights in property. Upon death of a tenant, his or her share passes to his or her estate, rather than to the surviving tenants.

More terms Next Term