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CNBC Explains: Taxes

  • The Alternative Minimum Tax Eplained Friday, 22 Mar 2013 | 10:34 AM ET

    The alternative minimum tax, or AMT as it's known, has become one of the most dreaded phrases in tax terminology. CNBC explains.

  • CNBC Explains U.S. Income Tax Basics Thursday, 16 Jun 2011 | 9:05 AM ET

    For anyone who has computed taxes, “tax brackets” are a familiar term -- but how they work can be complicated. Salman Khan of the Khan Academy breaks down and explains the U.S. income tax schedule.

  • Tax Deductions: CNBC Explains Thursday, 16 Jun 2011 | 9:31 AM ET

    Tax deductions are an important part of calculating your annual income. But many people are unclear about how deductions affect overall tax payments. Salman Khan of the Khan Academy explains a simple calculation you can do, depending on your tax bracket, to help you estimate the effect.

  • CNBC Explains the Alternative Minimum Tax Thursday, 16 Jun 2011 | 9:30 AM ET

    The Alternative Minimum Tax, also known as the AMT, is a portion of the U.S. tax code that affects high-earning individuals who lower their tax payments through deductions. Want to know how it’s calculated? Salman Khan of the Khan Academy demonstrates.