alternative minimum tax

noun

A 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.

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Meanings

nounalternative minimum tax (countable and uncountable, plural alternative minimum taxes)

plural alternative minimum taxes

  1. 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.

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Cite this entry
APA

alternative minimum tax. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/alternative%20minimum%20tax

MLA

“alternative minimum tax.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/alternative%20minimum%20tax. Accessed November 2, 2026.

Chicago

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.