DESCRIPTION
This module introduces the AMT. The material focuses on the concepts, terminology, and calculation of AMT. The learning for this module is primarily delivered through lectures, exercises, and a case study.
LEARNING OBJECTIVES
- Discuss the history and importance of alternative minimum taxable income (AMTI) for individuals.
- Identify alternative minimum Tax (AMT) adjustments and preferences.
- Describe the significance of the AMT exemption.
- Calculate the AMT tax.
- Introduce the Alternative Minimum Tax Credit.
