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Just re-iterating what worked for me

  1. Wipe out Form 1166, i.e. delete all forms 1166 and 1166AMT manually from  return
  2. Go to interview: select simplified AMT method
  3. Manually change the date on Form 1166 part 2 column 1, and  Form 1166 AMT, part 2, column 1 to 12/30/2020
  4. Submit

So it's possible to get a return through with the simplified AMT method.

I don't know why this worked: It's entirely possible that the date change from 12/31/2020 to 12/30/2020 is a red herring.  There may be a random factor to this, so you may have to just try once a day and see what happens.