RobertB4444
Expert Alumni

Investors & landlords

Alternative minimum tax doesn't use the same gain or loss and doesn't allow the same amount of capital loss because of it.

 

There are a number of fun calculations that go into this and they are not for the faint of heart.

 

Here is a link to the IRS instructions on this.

 

Here is a link to the TurboTax article on the AMT.

 

@Arnie168 

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