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Deductions & credits
Many Thanks Mike for fast reply.
(schedule3 line1)
This question was lingering last 3 years--as Line 35 of both forms(1116 and 1116 amt) instructions ares same--
transfer to line 1,sch3,though TT was doing as you said.
Please help to undestand two more questions --also lingering with out answers so far.
1)TT Premier Deskto 2022.
When income just crossing subject to AMT threshold,form 6251 is generating with entries in line 8 AMFTC.
(though Net AMT payble is zero).Though AMFTC is entered here in line 8,in forms mode on the left pane
For 1116AMFTC doesn't show up. Even I try to open form 1116 AMT it opens up but still not showing in the forms in the left pane.
Seems the form is mandatory to be submitted along with 1040.PLease advise.
2)How to know I have elected 'simplified method or other calculation' for AMT in previous --few years ago.(no records).
Thanks.