Alternative Minimum Tax
AMT recomputes taxable income under a parallel system by adjusting or disallowing specified items and then applying the exemption and AMT rates.
Study this topicPart 1 / Individuals
Taxation
Compute taxes beyond the ordinary income-tax table, including self-employment, alternative minimum tax, investment and Medicare taxes, and tax on special income.
8 focused lessons
Learn the rule, then work the decision.
Every lesson pairs a direct answer with a practical scenario, a common wrong turn, and a repeatable study action.
Self-Employment Tax
Self-employment tax generally applies to net earnings from a trade or business and feeds both an additional tax and an adjustment on the individual return.
Study this topicHousehold Employment Taxes
A household employer may need to withhold and pay employment taxes when the worker, work, and wage tests are met.
Study this topicEstimated Tax and Underpayment
Estimated-tax analysis compares required payments, withholding, timing, and safe-harbor rules rather than waiting for the year-end balance due.
Study this topicNet Investment Income and Additional Medicare Tax
These taxes use different income bases and thresholds: one targets net investment income, while the other applies to specified earned compensation.
Study this topicSocial Security, Clergy, and Military Income
Social Security benefits and special occupational income follow dedicated inclusion, exclusion, and self-employment rules.
Study this topicIncome in Respect of a Decedent
Income in respect of a decedent is income earned or accrued before death but not properly included on the final return; the recipient reports it when received.
Study this topicExcess Social Security and Other Taxes
Multiple employers, uncollected payroll taxes, retirement transactions, and other events can create credits or additional taxes on the individual return.
Study this topicTurn reading into retrieval
Test Part 1 with current IRS sample questions.
Use the free sample for immediate explanations, then continue with the PassFast question bank when you are ready for full coverage and performance reporting.