TurboTax is recommending I take the itemized deduction ($10,225) over the standard deduction ($24,400) because it reduces my tax owed by $47, despite significantly increasing my tax liability and tax rate.
My overall tax owed is lower in the itemized scenario because it allows more of my AMT tax credit to be applied towards my taxes owed (the credit would otherwise roll over to 2020). In other words, TurboTax will insist I exchange ~$5k in AMT tax credit for $47. This seems like a bad bug. Am I missing something?
