S.2293 - Individual Alternative Minimum Tax Repeal Act of 2007

A bill to amend the Internal Revenue Code of 1986 to repeal the individual alternative minimum tax, and for other purposes. view all titles (2)

All Bill Titles

  • Official: A bill to amend the Internal Revenue Code of 1986 to repeal the individual alternative minimum tax, and for other purposes. as introduced.
  • Short: Individual Alternative Minimum Tax Repeal Act of 2007 as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
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11/01/07
 
 
 
 
 
 
 

Official Summary

Individual Alternative Minimum Tax Repeal Act of 2007 - Amends the Internal Revenue Code to: (1) repeal the alternative minimum tax (AMT) for individuals after 2006; and (2) exempt taxpayers with no AMT liability prior to 2006 from current AMT estimated tax penalties.

Official Summary

Individual Alternative Minimum Tax Repeal Act of 2007 - Amends the Internal Revenue Code to:
(1) repeal the alternative minimum tax (AMT) for individuals after 2006; and
(2) exempt taxpayers with no AMT liability prior to 2006 from current AMT estimated tax penalties.

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