I've got an AMT credit carry-forward that is almost used up AND a credit for energy improvements. The combined total of the credits that TurboTax wants to use exceeds the total tax.
- my understanding is the energy credit of $1200 does not carry-forward - so I would expect to use that first;
- as the AMT credit does (or has historically) carried-forward, I would expect it to adjust down so that the combination of credits equals total tax. TurboTax is NOT doing that. Schedule 3 forces the full amount from form 8801. So the question is whether this is correct or not? I don't understand why the AMT credit is forced to be used up when, by its use, it exceeds tax due.
Thank you.
