I hope this message isn't too confusing.
I use desktop TT Deluxe. For what it's worth, in the TT 2019 Capital Loss Carry Forward Worksheet, the short term loss for regular and AMT is the same and I had no long term carry forward loss.
In the TT2020 Capital Loss Carryforward Worksheet, the regular short term loss is correct and the AMT short term loss is incorrect. The regular long term loss is correct and the long term AMT loss is incorrect.
In the TT2021 Capital Loss Carryforward Worksheet, the regular short term loss is correct and the short term AMT loss is incorrect. The regular long term loss is correct and the long term AMT loss is incorrect.
In the TT2022 Capital Loss Carry Forward Worksheet, the regular short term loss is correct and the short term AMT loss is incorrect. The regular long term loss is correct and the long term AMT loss is incorrect.
For fun, I looked at the 2021 Capital Carry Loss Carryforward Worksheet and compared it to the 2022 Capital Loss Carryover Worksheet; the regular short term losses are correct and the same, but the AMT short term losses are incorrect and different between the two worksheets.
I'm not finished with 2023 taxes in TT2023; I manually changed the AMT short term carry forward loss from 2022 to agree with the regular short term carry forward loss as recommended. Also, I looked at the TT2023 Capital Carryforward worksheet and the regular short term and long term losses are correct and match the AMT short term and long term losses. This appears to be good news.
I've never been subjected to AMT, but I'm trying to understand the AMT system as I might take some large, long term capital gains in 2024.
Side note, over the years, I've been developing an Excel workbook, where I try to mimic the federal tax forms that I use. I use the workbook to compare to TT. Also, 2023 is the first year I've used the annualized income method, as I stopped working and transferred some IRA funds to a Roth IRA in the fourth quarter of 2023, so my income is uneven during the year. I'll see how my annualized income worksheets compare to TT2023 when I enter annualized info.
