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Get your taxes done using TurboTax
So, I figured out about the Forms view, never used that before, that was very helpful. There is both a Form 6251 and 6251 Wks. Looking through there it does a lot of calculations. Is there a line item I'm looking for to determine if it did actually calculate a AMT to use? It completed Part 1, 2 and 3 of form 6251. It appears this might be the culprit, but I'm not understanding why.
Now I switched back to Normal Turbo tax view, went to section called "Other Tax Situations" Selected Alternative Minimum Tax, and it shows a Tentative Minimum, which is Less than Regular Tax, and shows Alternative Minimum Tax as $0.00. So it appears I am not being hit with extra AMT, or higher payment.
‎April 6, 2022
9:55 AM