DaveF1006
Expert Alumni

Deductions & credits

It appears that you have an AMT situation even though you might not realize it. Also if you are filing with Turbo Tax for the first time, it is asking you to make a first year election regarding how handle future AMT situations if these are to appear in the future.

 

If this is your first year filing with Turbo Tax, choose the simplified method if your Foreign Tax Credit is $300 or less ($600 or less if filing jointly).  if not choose the general method and see if you can move past this.

 

if you filed with Turbo Tax in the past, perhaps Turbo Tax determined you have an AMT filing requirement this year. if this is the case, we would like to look at your return to determine why you have this filing requirement. Here is how to submit a sanitized copy of your return to us. Keep in mind, the information in this file is a sanitized copy meaning there is no personal information, only numbers so that we can troubleshoot in depth, check for calculation issues, and to see how certain items are applied. In your case, this will be used to see if there is a AMT filing requirement and why it was applied to your return. Here is how to order. 

 

For Turbo Tax online, go to tax tools>tools>share my file with agent.  When this is selected, you will receive a token number.  Respond back in this thread and tell us what that token number is. 

 

If you use the desktop version, go to the black stripe at the top of the program>online>send tax file to agent. Once you receive the token number, reply back in this thread and let us know what that token number is.

 

@enjrc 


 

 

 

 

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