Alternative Minimum Tax Fundamentals
Comprehensive Examples Included - Recorded 10/1/26
The alternative minimum tax (AMT) continues to confuse taxpayers and practitioners alike. This course provides a foundational overview of AMT rules and concepts, including changes from the One Big Beautiful Bill Act. Participants will learn how AMT is calculated, which adjustments and preferences apply, how credits interact with AMT liability, and what planning opportunities exist.
Learning Objectives
Describe the purpose and framework of the Alternative Minimum Tax system.
Identify common AMT adjustments and preference items.
Explain how AMT liability is calculated and how credits may offset AMT.
Apply basic planning strategies to minimize the impact of AMT for individual taxpayers.
Education Information
IRS Program Number: NMVBP-T-00332-26-S
Credit hours: 2 NASBA CPE / 2 IRS CE
Prerequisite: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: QASTM Self Study (NASBA); On-Demand (IRS)
Field of Study: Taxes (NASBA); Federal Tax Topics/Federal Tax Related Matters (IRS)
Information can be found quickly by searching key terms in the text/PowerPoint using the built-in search feature.
Course expires one year after purchase.
Instructor: Thomas Gorczynski, EA, CTP, USTCP Learn more about our instructors here.
All continuing education is provided by Gregory & Associates, Inc doing business as Compass Tax Educators. Click here for more information regarding our refund, education and complaint policies.
