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Alternative Minimum Taxpayers by State: 2009, 2010, and Projections for 2012


In 2012, absent an increase of the AMT exemption amount, 32.4 million taxpayers will be subject to the AMT. At that time, whether a married taxpayer has itemized deductions for state and local taxes or miscellaneous deductions will become a much less important factor than it is at present in determining AMT coverage. This occurs because, whether they itemize their deductions or not, married taxpayers across a wide range of incomes will be subject to the AMT because personal exemptions are not allowed against the AMT. The President's FY2013 Budget proposes an alternative budget baseline where the AMT is permanently indexed for inflation based on 2011 parameters. The estimated revenue loss, assuming the tax cuts enacted from 2001 to 2003 are extended for middle income taxpayers, would be $1.9 trillion over the FY2013-FY2022 budget window. This report will be updated as legislative action warrants or as new data become available.


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# File Name Document Date Order ID: Number of Pages Price
1 RS22083.pdf Dec 04, 2012 RS22083 10 $19.95 Add to Cart

Older Versions:

Alternative Minimum Taxpayers by State: 2007, 2008, and Projections for 2012  [Order No: RS22083  Release Date: Dec 15,2011  Pages: 10]

Alternative Minimum Taxpayers by State: 2007, 2008, and Projections for 2012  [Order No: RS22083  Release Date: Apr 18,2011  Pages: 9]

Alternative Minimum Taxpayers by State: 2007, 2008, and Projections for 2010  [Order No: RS22083  Release Date: Nov 15,2010  Pages: 9]

Alternative Minimum Taxpayers by State: 2006, 2007, and Projections for 2008  [Order No: RS22083  Release Date: Feb 01,2010  Pages: 7]

Alternative Minimum Taxpayers by State: 2005, 2006, and Projections for 2008  [Order No: RS22083  Release Date: Jul 15,2008  Pages: 6]

Alternative Minimum Taxpayers by State: 2004, 2005, and Projections for 2008  [Order No: RS22083  Release Date: Feb 08,2008  Pages: 6]

Alternative Minimum Taxpayers by State: 2003, 2004, and Projections for 2007  [Order No: RS22083  Release Date: Oct 17,2007  Pages: 6]

Alternative Minimum Taxpayers by State: 2003, 2004, and Projections for 2007  [Order No: RS22083  Release Date: Jun 06,2007  Pages: 6]

Alternative Minimum Taxpayers by State: 2003, 2004, and Projections for 2007  [Order No: RS22083  Release Date: Jun 14,2006  Pages: 3]

Alternative Minimum Taxpayers by State  [Order No: RS22083  Release Date: Mar 17,2005  Pages: 3]