Introduction Taxes in the United States are already complicated, and the Alternative Minimum Tax Explained USA, doesn’t make things easier. If you’ve ever wondered why your accountant mentions AMT even when you’ve already calculated regular taxes, you’re not alone. The AMT was originally designed in 1969 to prevent very wealthy Americans from using excessive deductions and loopholes to avoid paying taxes. But over the years, millions of middle- and upper-middle-class taxpayers also got pulled in — until Congress passed reforms in 2017. Today, fewer people pay AMT than in the past, but it’s still important to understand AMT tax USA rules, especially if you earn a higher income, have large…