Form 8396 on line 46 of your North Carolina Form D-400.
It has its own set of rates and its own rules for deductions, which usually are less generous than the regular ones. Form 8396 on line 46 of your North Carolina Form D-400. The Alternate Minimum Tax is a separate tax system. You've probably heard already about proposals by the President's tax-reform panel will make owning a home may less tax-friendly.
It is estimated that by the end of 2010, 30 million people will be stuck paying the AMT.