- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
AMT from last year
I am using TurboTax2020 HB version. there is a question popup when I am doing m personal income section, it asks "do you have different capital loss carryover amounts for AMT", I picked "No" (as Yes is not common)and continue. Then it asks me to find this AMT value from 2019 year's form 6251 Line 4.
However from 2019 my tax records, I don't have this form 6251. because of this, I click the link "what if I dont have form 6251", the further instruction tells me to check Form 1040 line 10 from last year, for this line 10 on the form 1040, it is a blank, nothing filled there. (By the way, line 10 for 2019 is "10 Qualified business income deduction. Attach Form 8995 or Form 8995-A .")
I suspect this is a bug in TurboTax, line 10 in 2020 form1040 is diff from line 10 in 2019 form 1040
Line 10 in 2020 form 1040 makes more sense but line 10 in 2019 doesn't. Instead, maybe line 8b from 2019 form 1040.
So now, I don't know how to provide this value and continue my tax return.
Any help?