Finance Questions
» Finance Questions, Volume 7, Issue 7, 2007
If respondent is the owner of the business AND calculated an Alternative Minimum Tax (AMT) on their last personal income tax filing.
6a. Did you have to PAY an alternative Minimum Tax (AMT)?
| Response | ||||
|---|---|---|---|---|
| 1 | Yes | 53 | ||
| 2 | No | 43 | ||
| 3 | DK/Refuse | 4 | ||
| Total (%) | 100 | |||
| N | 156 | |||
Notes: Fifty-three (53) percent of small employers who are the owner of the business and calculated an Alternative Minimum Tax (AMT) on their last personal income tax filing paid an AMT.
