enjrc
Returning Member

Get your taxes done using TurboTax

I am having a similar problem. I have not used Turbotax in 20 years. I am using a Premier version of Quicken desktop.  I did not import an old tax return. I filled out everything appropriate in Turbotax. I have a Foreign Tax Credit. I went through the process of step-by-step, answering the questions. However, at the end of that section, I get presented with the “Simplified Limitation Election for AMT” that is incorrect. That page says: “We’ve reported interest, dividends, and K-1 entries from each country. Because you’re subject to the alternative minimum tax (AMT), we need to know how you want to handle your foreign tax credit.” At this point, I also stopped with Step-by-Step. I am nit subject to the AMT. I have never been. Even with this years return, there is an AMT section and I am not subject to it. What can I do to try to keep TurboTax from thinking I am and not handling this section correctly?