MonikaK1
Expert Alumni

Get your taxes done using TurboTax

See this TurboTax tips article for more information about the Alternative Minimum Tax and the different income items that can require TurboTax to calculate a separate AMT amount. You may need to pay the AMT if your Tentative Minimum Tax exceeds your regular tax

 

Certain deductions, like state and local taxes, aren't allowed for AMT calculation purposes.

 

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