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Part 1. 1 Federal adjusted gross income (from line 37 of your 2013 federal Form 1040). . . . . . . . . . . . . . . . . . . 1. 2 2013 federally exempt interest and dividends ...
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What is m1mtc alternative minimum tax?
M1MTC alternative minimum tax is a tax imposed by the IRS on individuals, estates, and trusts with high income that would otherwise pay little or no tax due to various exemptions and deductions.
Who is required to file m1mtc alternative minimum tax?
Individuals, estates, and trusts with high income and certain tax preferences are required to file m1mtc alternative minimum tax.
How to fill out m1mtc alternative minimum tax?
To fill out m1mtc alternative minimum tax, you need to complete Form 6251 and follow the instructions provided by the IRS.
What is the purpose of m1mtc alternative minimum tax?
The purpose of m1mtc alternative minimum tax is to ensure that individuals, estates, and trusts with high income and various tax preferences pay a minimum amount of tax.
What information must be reported on m1mtc alternative minimum tax?
On m1mtc alternative minimum tax, you must report your income, adjustments, tax preferences, and any alternative minimum tax credits.
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