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Investors & landlords
1) That's correct. It's working (for me) as designed.
2) You see the AMT capital gain and the capital gain for regular taxes on line 1 of the "Adjusted Gain or Loss Line 9 Smart Worksheet." The adjustment for AMT shows on Line 7 of that same worksheet - "Recomputed adjusted gain or loss" - and on Line 9 of Schedule P(540).
June 30, 2020
12:24 PM