GeorgeM777
Expert Alumni

Investors & landlords

AMT should not be triggered if the 2020 carryover losses offset your gains from 2021.  In TurboTax online, your 2020 Net AMT short-term capital loss should be reflected as a negative number.  In contrast, in TurboTax desktop, losses of this type are usually entered as positive numbers. 

 

If your 2020 net AMT short-term capital loss is incorrect, were you able to edit your 2020 capital loss information to reflect the correct amount of capital loss?  

 

@StockOperator

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