2012 colorado alternative minimum tax form-2025

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How to easily complete the 2012 colorado alternative minimum tax form for 2025

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  1. Click ‘Get Form’ to open the 2012 Colorado Alternative Minimum Tax Form in the editor.
  2. Begin by entering your personal information: Last Name, First Name, Middle Initial, and SSN at the top of the form.
  3. In line 1, input the amount from line 30 of Federal Form 6251. Ensure this is rounded to the nearest dollar.
  4. For line 2, add any additions from line 3 of Form 104 as instructed above.
  5. Calculate line 3 by adding lines 1 and 2 together.
  6. On line 4, enter any subtractions from lines 6 through 16 of Form 104 as per instructions.
  7. Subtract line 4 from line 3 to get your result on line 5.
  8. Multiply the amount on line 5 by 3.47% for line 6.
  9. Enter your Colorado normal tax from line 19 of Form 104 on line 7.
  10. Finally, calculate your Colorado alternative minimum tax by subtracting line 7 from line 6 and enter it on line 8. Attach this form to your paper Form 104 or submit electronically using E-file options.

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The exemption phaseout thresholds will drop to $500,000 for single filers and $1 million for joint filers in 2026. (In 2025, those amounts are $626,350 and $1,252,700, respectively.)
Colorado Form 104 Personal Income Tax Return for Residents. Colorado Form 104PN Personal Income Tax Return for Nonresidents and Part-Year Residents. Colorado Form 104CR Individual Credit Schedule.
Colorado imposes an AMT rate of 3.47%. It generally follows federal AMT rules and calculation methods, with some adjustments specific to Colorado. Colorados AMT exemption amounts and phase-out thresholds are the same as the federal AMT exemption amounts and phase-out thresholds.
The alternative minimum tax (AMT) applies to taxpayers with high economic income by setting a limit on those benefits. It helps to ensure that those taxpayers pay at least a minimum amount of tax.
The simplest way to see why you are paying the AMT, or how close you came to paying it, is to look at your Form 6251 from last year. Compare the Tentative Minimum Tax to your regular tax (Tentative Minimum Tax should be the line above your regular tax) to see how close you were to paying the AMT.

People also ask

Under the tax law, certain tax benefits can docHubly reduce a taxpayers regular tax amount. The alternative minimum tax (AMT) applies to taxpayers with high economic income by setting a limit on those benefits. It helps to ensure that those taxpayers pay at least a minimum amount of tax.
Its actually very simple, and very fair. You take your federal income from Form 6251, and then calculate what percentage of that income you earned in Colorado. Colorado AMT is 3.47% of that amount. Thats 3.47% of only the Colorado portion of your income.
Taxpayers who have incomes that exceed the AMT exemption of $88,100 (single), $137,000 (married filing jointly) and $68,500 (married filing separately) in 2025 may be subject to the alternative minimum tax when they file their 2026 tax return. AMT tax rates are 26% or 28%.

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