Siumai
New Member

ISO sold less than exercised FMV, how to reflect/adjust in 6251?

In 2024, I sold ISO at price much less than FMV at exercise 2 years ago. How the bargain element will be offset agains previously paid AMT which was taxed based on the bargain element at exercise? My form 6251 line 2k is showing 0. Should that be adjusted with negative bargain element?