In 2018 I'm taking a $7,500 credit on form 8936. This transferred to line 54(c) on schedule 3. Turbo Tax did not reduce line 22 on form 8801 for this credit amount and as a consequence calculated an AMT credit carryover utilization in 2018. This appears contrary to the IRS instructions. Who is right?
Hey, you're right! Thanks for bringing this to our attention! I'll try to reply back when we learn when the fix will be released.
I don't think you'll be able to e-file if you override the 8801 line 22 to input the correct value.