Will You Pay the AMT? Despite recent tax-law changes, many Americans are expected to pay the AMT this year. Share | Have A Question About This Topic? Address Thank you! Oops! Related Contents The Facts About Income Tax Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you. How Income Taxes Work A quick look at how federal income taxes work. Tax Management Strategies Learn more about taxes, tax-favored investing, and tax strategies.