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Deductions & credits
Subtract the AMT deduction for depreciation from the regular tax deduction and enter the result. If the AMT deduction is more than the regular tax deduction, enter the difference as a negative amount. Your depreciation worksheets will show regular depreciation and AMT depreciation each year. If you were not subject to AMT, the depreciation would be the same for that year.
References:
Alternative Minimum Tax: Common Questions - TurboTax - Intuit
Instructions for Form 6251 (2023) | Internal Revenue Service
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‎February 26, 2024
1:54 PM