Meanings
plural alternative minimum taxes
- UScountableuncountablebusinessA tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts, originally designed to tax high-income taxpayers who used the regular tax system to pay little or no tax.
Synonyms: AMT
Synonyms & antonyms
nounA tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts, originally designed to tax high-income taxpayers who used the regular tax system to pay little or no tax.
Cite this entry
alternative minimum tax. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/alternative%20minimum%20tax
“alternative minimum tax.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/alternative%20minimum%20tax. Accessed November 2, 2026.
WatkinsX Dictionary, s.v. “alternative minimum tax,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/alternative%20minimum%20tax.
Source: alternative minimum tax on Wiktionary, CC BY-SA 4.0.