Individual Income Tax Filing: Total Income Tax, Alternative Minimum Tax, Amount in USD : 31016377 (As of 2016-01-01) ( Discontinued )

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Individual Income Tax Filing: Total Income Tax, Alternative Minimum Tax, Amount in USD was 31016377 as of 2016-01-01, according to Internal Revenue Service (IRS). Historically, Individual Income Tax Filing: Total Income Tax, Alternative Minimum Tax, Amount in USD reached a record high of 32770139 and a record low of 6477697, the median value is 23344646. Typical value range is from 23989893 to 31076822. The Year-Over-Year growth is -0.48%. GuruFocus provides the current actual value, an historical data chart and related indicators for Individual Income Tax Filing: Total Income Tax, Alternative Minimum Tax, Amount in USD - last updated on 2016-01-01.

Annual , not seasonally adjusted . Under "alternative minimum tax" (AMT), generally high-income taxpayers to whom the tax applied were required to pay the larger of the regular income tax or the AMT. As of 2013, examples of preferences or adjustments subject to recapture through the AMT were accelerated depreciation, incentive stock options, certain itemized deductions, personal exemptions, certain tax-exempt interest, and income loss from tax-shelter farm or "passive" investment activities. AMT is shown separately in the statistics for all years. However, starting with 2000, AMT is also included in "income tax before credits," as well as in "income tax after credits" and "total income tax." Previously, AMT was only included in "total income tax." For additional information about the return filing requirements, see the annual reports, Statistics of Income-Individual Income Tax Returns at https://www.irs.gov/uac/soi-tax-stats-historical-data-tables.
Category Population, Employment, & Labor Markets
Region USA
Source Internal Revenue Service (IRS)

Stats

Name Value
Last Value 31016377
Latest Period 2016-01-01
Long Term Average 27,533,357.09
Average Annualized Growth Rate +9.64%
Value from 1 year ago
Change from 1 year ago %
Frequency Annual
Unit Thousands
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