Alternative Minimum Tax Worksheet. Enter "AMT Assistant" in the search box on the website. TIP An electronic version of this worksheet is available on www.irs.gov.
As it is evident from the name, AMT is a minimum tax that is leviable alternative to normal tax.
MAT is the alternate tax, for the Corporates, those who try to Supress the tax liability by various means.
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Learn about Alternative minimum tax preferences with free interactive flashcards. The Alternative Minimum Tax (AMT) was designed to keep wealthy taxpayers from using loopholes to avoid paying taxes. The AMT's purpose is to ensure everyone pays a minimum amount of tax.
