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| Definition Of: |
AMT
Alternative Minimum Tax
A method of calculating federal income tax. Interest on some private activity municipal bonds is subject to the AMT tax if the bond holder calculates their federal income tax using the AMT. Consult with your CPA or other tax advisor regarding the application of AMT rules to your circumstances. See also AMT Bonds and Private Activity Bonds.
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BASSAM Finance Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 4 5 6 7 8 9 10 A: Page 1 of 10.
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