tentative minimum tax

noun
ten·​ta·​tive minimum tax | \ ˈten-tə-tiv-\

Legal Definition of tentative minimum tax

: a tax that to the extent it exceeds regular tax liability is the alternative minimum tax liability and that is determined by adjusting taxable income by adding tax preference items under Internal Revenue Code section 57 and subtracting an exemption amount under section 55

Comments on tentative minimum tax

What made you want to look up tentative minimum tax? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

an act or instance of returning to life

Get Word of the Day daily email!

Test Your Vocabulary

Words from Greek and Latin Quiz

  • roman forum
  • Which of the following months comes from a Latin word for “ten”?
True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
Word Winder's CrossWinder

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!