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How do I enter information from form 3921 if some of the options were covered by an 83(b)?
My husband exercised some ISOs in 2022. Some of these were early exercised and included on an 83(b) and if I'm understanding correctly would not be subject to AMT calculations. If I enter the share information included on form 3921 TurboTax wants to calculate AMT on all of the shares. Is there a way to indicate that some of these shares aren't subject to AMT? If not, when entering the form 3921 information can I just record the portion that are subject to AMT even though the number of shares will differ from what was reported to the IRS on form 3921?
‎October 12, 2023
12:20 AM