How the AMT Tax Credit Recapture Works in 2026

Episode 78 of The Tax Strategy Podcast with Fexingo digs into the Alternative Minimum Tax credit recapture — a lesser-known but powerful tax break. Lucas and Luna explain how the AMT credit works, who qualifies, and why 2026 is a pivotal year for recapturing prior year AMT payments. They walk through the mechanics, the IRS Form 8801, and the impact of the Tax Cuts and Jobs Act sunset on AMT credit planning. Specific examples include a married couple who paid AMT in 2023 and can now recapture in 2026, and a warning about how the TCJA's AMT exemption increase in 2026 may reduce future credits. Listeners learn why the AMT credit is not automatic, how to track it, and why filing Form 8801 is essential. The episode also includes the hosts' signature donation segment tied to the theme of hidden tax breaks they uncover for listeners. A must-hear for anyone who paid AMT in recent years or expects to in 2026. #AMT #AlternativeMinimumTax #TaxCredit #Recapture #Form8801 #TaxPlanning #TCJA #Sunset #TaxStrategy #Finance #FexingoBusiness #BusinessPodcast #TaxPodcast #LucasAndLuna #TaxBreaks #IRS #2026Taxes #CorporateFinance Keep every episode free: buymeacoffee.com/fexingo