DougSend2
Returning Member

Investors & landlords

Yes, I actually ran into this same issue.  I had a very large capital loss carryover, then for 2021 I had a very large capital gain.  I almost fell out of my chair when TT calculated my AMT.  I was sitting there thinking this has to be wrong.  I am only able to take the standard deduction, yet my tax due increased by about $45,000!  After hours of trying to figure this out, I also found the article you referenced and then your post.  Fortunately I was able to bring up my equivalent forms for 2020 to help verify how it should be.  TT seems to just grab a number out of thin air....I have no idea how it came up with that.  After more research I found where to fix it.  I have been trusting TT for many years but now there are serious questions in my head if TT can be trusted.  I consider this a very serious error in their software.  Not only did they issue the software with this problem, they also have not yet patched it.  This is very irresponsible conduct.   If I ever see a problem anywhere near like this again with TT, it will probably be time for me to try someone else's software.