While responding to the Other Tax Situations questions relating to your ISO exercise and hold may seem to be duplicating information that has already been entered, you are correct in that those additional responses should not result in a doubling of the AMT adjustment. Because it appears that you may be using the desktop version of TurboTax, when you switch to the forms mode, can you confirm that the Exercise Stock Options Worksheet contains an AMT amount of $120,000 and an AMT Adjustment in the same amount.
@Brent_B10
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