questions for claim AMT credit

Hello. I have a question for how to claim AMT credit back. In 2022, I sold ISO stocks and hit AMT. So, I paid more than $15,000 AMT. In 2023, I sold the stocks with significant loss. How can I claim back the AMT credit I paid in 2023 (for 2022 ISO)? Thanks.

posted

Part II line 26 of your 2022 form 8801 shows the AMT carryover to 2023

this (should) appear(s) on Part II line 19 of your 2023 form 8801

the amount used in 2023 appears on line 25 of that part with any carryover to 2024 on line 26

it may be that the loss on the stock does not recoup any of the AMT tax you paid in 2022. you have to review the entire form to see what is happening.