Description
Upon completion of this seminar, students will understand what contributes to alternative minimum tax (AMT). They will also learn about limitations that apply to certain itemized deductions. Contribution and deduction limits applying to both traditional and Roth IRAs will also be examined. In addition, students will become familiar with AGI adjustments, and refundable and nonrefundable credits will be discussed. All topics are considered from the perspective of high-income taxpayers. New lecture video reinforces concepts! Topic: Introduction to AMT and AMT Exemptions IRS #EEZ75-T-00510-24-S CTEC #1071-CE-3236 NASBA #103388