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Business & farm
that explains why you didn't see a tax benefit until you entered the same loss for AMT
You will need to calculate the differences between the regular NOL and the AMT NOL. You can mostly see the differences in any prior year Form 6251. As high as your AMT is for 2017 - I think you must have been filing Form 6251 for a while.
One of your biggest differences will be AMT depreciation.
You will need to calculate the differences between the regular NOL and the AMT NOL. You can mostly see the differences in any prior year Form 6251. As high as your AMT is for 2017 - I think you must have been filing Form 6251 for a while.
One of your biggest differences will be AMT depreciation.
‎June 4, 2019
6:18 PM