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Personal Financial Planning
17. CHAPTER 13: INDIVIDUAL INCOME TAX AND TAX PLANNING/Alternative Minimum Tax
17. CHAPTER 13: INDIVIDUAL INCOME TAX AND TAX PLANNING Illustration
Syllabus Slides

Alternative Minimum Tax

01.Core Concepts

• = AMT base • × AMT rate • = Tentative AMT • – Regular income tax on taxable income • = Individual AMT payable