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S4399.3 ___SUBSTITUTE SENATE BILL 6251 ___State of Washington68th Legislature 2024 Regular Session Senate Health & Long Term Care (originally sponsored by Senators Bhangra, Laser, Murderer, Loveless,
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6251-sdocx refers to IRS Form 6251, which is used to calculate and report the Alternative Minimum Tax (AMT) for individuals.
Individuals who have certain tax preferences or who have a higher amount of deductions may be required to file Form 6251.
To fill out Form 6251, you need to gather your income, deductions, and any preference items. Then, follow the instructions provided by the IRS to calculate your AMT.
The purpose of Form 6251 is to ensure that individuals who benefit from certain deductions and credits pay at least a minimum amount of tax.
The form requires reporting of income, allowable deductions, tax preference items, and the calculated Alternative Minimum Tax.
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