This course focuses on the alternative minimum tax for individuals. More and more, this tax is becoming a significant revenue raiser for the government and a trap for individuals. Alternative Minimum Tax for Individuals (Seventh Edition) will review the background of the AMT, explain how it works, review some of its problems, and provide planning strategies to help you minimize or avoid AMT liability. This course was designed to provide participants with a basic level of knowledge of the impact of the Alternative Minimum Tax for Individuals. Upon completion of this course, the participants should be able to: identify how the alternative minimum tax system works today; determine the 2015 alternative minimum tax exemption amounts; review alternative minimum tax adjustments, tax preference items, and tax credits; and utilize planning strategies to provide income tax savings and also to prevent any AMT adjustment.