I am sorry! I was! Let's go back through the entry.
- Federal
- Income
- Investment Income
- ISO exercise and hold, edit/ update
- Edit, enter job and owner
- continue
- Yes, have 3921, enter information
- done
- ISO Purchase Summary and AMT adjustment amount show there, that is carried by the program to the 6251 and on the Exercise SO worksheet showing AMT
On the worksheet, Line 2i ISO calculations- line 3 has the number just shown at the ISO summary screen. Line 4 other ISO is the same number as the adjustment on the 6251 screen where you are with the value differences.
The program is carrying information and handling it all for you. You do not need to go into the Other Tax Situations, AMT area at all. If you go in there, the program has the ISO adjustment from your 3921 information. You do not want to mess with those numbers. Delete the form and let the program repopulate it correctly. Go to tax tools, tools, delete a form, delete 6251. The program will repopulate it correctly now.
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