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Level 1
posted Mar 18, 2025 9:19:21 AM

Amended Tax Returns and AMT Carry Forwards

I need to file an amended tax return for 2022. I found an error that I must correct which will result in payment of the AMT and then an AMT carry forward.  
 
I know how to amend the 2022 return, but do I also need to file an amended 2023 return to make sure that the AMT carry forward is tracked until I can use it? (It would be the only change to my 2023 return and won't change the tax owed as I had no use for the AMT credit that year.)   I have not yet filed 2024 and will not do so until I amend 2022 and (if necessary) also amend 2023.  Also, once I complete and file the amended 2022 return, will TurboTax Live correctly populate an amended 2023 return with the changes that were made for 2022?   
 
Thanks!!

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1 Replies
Expert Alumni
Mar 24, 2025 4:42:25 AM

No, you do not have to amend the 2023 tax return for an AMT carry forward if it will not impact the tax that is owed.

I certainly encourage you to include it on your 2024 tax return.

Amended returns

To post this to TurboTax

 Select Tax Tools

  • This is on the left sidebar
  • You may have to minimize the Federal and State options
  • You also may have to scroll down on that menu
  1. Once you can work on Tax Tools
  2. On the drop-down select Tools
  3. There will be 3 or 4 green boxes
  4. Select Topics Search
  5. Type AMT
  6. Scroll to AMT prior year credit
  7. Continue through the questions.