- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
I'm sure we've all noticed TT are not responding to this thread any more. Just us pesky customers complaining. I don't know if other products (TaxAct etc) have the same problem, but would assume not. First TT advisor I talked with advised me to file manually. Second TT advisor I talked to advised me to say NO to Simplified AMT Method without IRS permission and e-file. She thought it unlikely it would trigger an IRS Audit. Neither were aware of the bug, so it's like TT is telling their staff about it.
I am in the camp where it didn't make any difference to my taxes, which AMT Method I used (I didn't trigger any AMT tax either way). I think it will only matter if you actually trigger AMT. Maybe the IRS won't care if both calculations result in zero AMT. But of course you never know which IRS analyst will review your case.