Hi Tom,
Thanks for your response. When I try to dig into my Federal forms, I only see the actual 6251 form if I enter an ISO adjustment amount in the AMT Section of the 'Other Tax Situations'. I am entering the same bargain element amount as was calculated in the 'ISO Exercise and Hold' section in Wages earlier. If I don't enter an amount in the AMT section, I only see worksheets with an AMT summary that reference Form 6251, line 14 which displays the bargain element from the Wages section.
Should I be filling in the AMT section later at all if I've added the exercise bargain element already? Is Form 6251 only included when I trigger AMT? And if I don't trigger AMT, the worksheets are sufficient for filing? Oddly enough there's an AMT form displayed in my state return (CA), but not my Federal.
Furthermore, in trying NOT to have this ISO tax liability doubled, I noticed if I did not fill in the ISO Exercise and Hold in the Wages section but added an ISO adjustment amount in the AMT section later, the adjustment was added back into my wages.
Thanks
