AMT Exemption Amounts for 2011
Legislated as part of the 2010 Tax Relief Act:
- $48,450 for single and head of household filers,
- $74,450 for married people filing jointly and for qualifying widows or widowers, and
- $37,225 for married people filing separately.
AMT Exemption Amounts for 2012
The alternative minimum tax exemption amounts for 2012 are scheduled to revert to the following levels:
- $33,750 for single and head of household filers,
- $45,000 for married people filing jointly and for qualifying widows or widowers, and
- $22,500 for married people filing separately.