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Get your taxes done using TurboTax
Mary,
You missed the point. I don't think you have your tax returns from 10-12 years ago either. No one does. In 2019, I had a AMT carryover credit of $823 and in 2020 I have an AMT carryover credit of $9,435. What do I do? It can't be right. Can it? Why didn't turbotax alert me of this HUGE change? Zero out the credit (8801) and move on? What would your expert advice be? I cannot re-create why I have this large credit carryover amount.
Thanks for responding so quickly.
‎January 31, 2021
4:23 PM