Alternative Minimum Tax simplified. Explained with example CPA Exam REG. Income Tax Course 

Very helpful as I am studing the AFSP. Thank you so much.

King of lecturing

Hello Professor Farhat, Can you explain how you came up with $24,000? Hope to hear from you soon. Thank you!

Where did the 24,000 come from? Deducting all things does not get to 24000 or 34000 at all .......

There is calculation mistake while calculating Adjusted basis @ 16:31, Correct Adjusted basis is 2895 which will make the gain of 1405, so its not a negative adjustment.

Thank you.

Hello Farhat, Have you made any videos on International Taxation & or Transfer Pricing ?

could you pls clarify how you arrived at 24k for tp2? I came up with a diff number.

It was George H. W. Bush who said, "read my lips, no new taxes," not Ronald Reagan.

I think the $3,726 for 28% is outdated.