> Doesn't exercising an option in the US count against Alternative Minimum Tax but not regular taxes? And doesn't AMT have an exemption amount so you don't pay

> Doesn't exercising an option in the US count against Alternative Minimum Tax but not regular taxes? And doesn't AMT have an exemption amount so you don't pay taxes if you're below it? Not in my experience. Basically it ends up that the difference between exercise and strike is taxed as income.