Like all taxes, it is absolutely situational...I would suspect that the overwhelming percent of music producers don't pay AMT at all. (And of course, AMT if applicable, does become a credit toward future regular tax anyway). No income tax is determined by the field/profession of the tax payer. It is all, always, addressed as a matter of taxable income (and in this case amt taxable income).
AMT is short for Alternative Minimum Tax.
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