Hi David, On this same topic, is the AMT credit automatically carried over each year in Turbo Tax, or is this something that needs to be done manually? Similarly, I exercised ISO's in 2016, paid a good amount of tax that year due to the AMT calculation of the FMV of the ISO's. The company was acquired in 2018 and my shares were sold/liquidated, but the value was significantly less than the FMV in 2016. When I entered this information in TurboTax, it didn't seem to recognize any sort of tax credit from the AMT in 2016, and actually is calculating the sell as a gain since the price it sold for is higher than the strike price. When I try to add AMT Credits, it seems to only allow me to do so for the previous year, but not any years prior to that. Can you assist? Thanks!
