Alternative Minimum Tax Adjustments and Preferences  AMT Simplified  CPA Exam REG Income Tax Course
Channel: Farhat Lectures. The # 1 CPA & Accounting Courses
Date: 2020-06-30

In this video, I explain alternative minimum tax adjustments and preferences. An alternative minimum tax is a tax that ensures that taxpayers pay at least the minimum. The alternative minimum tax recalculates income tax after adding certain tax preference items back into adjusted gross income.

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