Look at a copy of your federal return to see if Form 6251 (Alternative Minimum Tax) was generated. If it was, enter any amounts for the items on the AMT screen in your MN return.
If a Form 6251 was not generated in your federal return, just ignore the questions on the MN Alternative Minimum Tax screen and click Continue.
The Minnesota Department of Revenue determines if you owe AMT by comparing your “regular income” (normal tax calculation) to your “AMT income” (normal tax calculation with certain deductions added back). We compare your tax on your regular income and AMT income using Schedule M1MT, Alternative Minimum Tax. You must pay whichever tax amount is higher.
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