Tax Planning for the Alternative Minimum Tax This link opens in a new windowTax Planning for the Alternative Minimum Tax provides an incisive analysis and a clear explanation of the complex alternative minimum tax (AMT) rules and thoroughly details when taxpayers are subject to the AMT, how the AMT is calculated for individuals and corporations, what items give rise to AMT adjustments and preferences, how to calculate and apply the various AMT tax credits, how the AMT interacts with other Internal Revenue Code provisions, and how to plan to minimize the impact of the AMT.