Tax Center Global Tax Guide / Glossary / Discussion / About Us
Register Log In
myRecordsmyToolsmyClients
   Tax Center   
Reporting Company Stock Sales 2018 UPDATES!   
Form W-2 Diagrams   
Tax Changes 2003–2018   
NQSO Basics   
NQSO Withholding   
NQSOs: W-2s & Tax Returns   
ISO Basics   
ISO Withholding   
ISOs: W-2s & Tax Returns   
Restricted Stock Basics   
Restricted Stock Withholding   
Restricted Stock: W-2s & Tax Returns   
Section 83(b)   
ESPP Basics   
ESPP Withholding   
ESPPs: W-2s & Tax Returns   
SARs: W-2s & Tax Returns   
Global Tax Guide   

Annotated diagram of Schedule DTax errors can be costly! Don't draw unwanted attention from the IRS. Our Tax Center explains and illustrates the tax rules for sales of company stock, W-2s, withholding, estimated taxes, AMT, and more.

Tax Center: Tax Changes 2003–2018

What is the latest news from Congress about legislation relating to the alternative minimum tax?

The tax reform that took effect in 2018 includes significant changes to the calculation of the alternative minimum tax (AMT) that will result in a reduced likelihood of having to pay the AMT. These changes include much higher AMT income exemption amounts than those in the past and a significant increase in the income point where the AMT phaseout begins. For details on tax reform, see the related FAQ.

The table below summarizes the AMT income exemption amounts, phaseouts, and rate thresholds that apply to income in the 2018 tax year. For details about the AMT calculation, see the related FAQ.

Filer status in 2018 AMT income exemption amount Exemption amount phaseout starts Exemption amount phaseout ends Point where rate
rises from
26% to 28%
Single $70,300 $500,000 $781,200 $191,500
(married filing separately: $95,750)
Joint $109,400 $1,000,000 $1,437,600 $191,500

If you do have to pay the AMT, there are planning techniques that can help. See FAQs on myStockOptions.com about how to minimize AMT liability, or how to manage the AMT if you know you must pay it.

Print this FAQ: Printer icon
Share this FAQ:
Share this article on LinkedIn Share this article on Facebook Share this article on twitter
Prior FAQ in list Return to list Next FAQ in list