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Level 1
February 26, 2020
Solved

AMT (6251)

  • February 26, 2020
  • 1 reply
  • 5 views

turbotax is insisting I need to file 6251 and elect a treatment of foreign tax. Yet my income is so low I end up paying no taxes at all (either regular or AMT). I had the same situation last year using a CPA, and there was no 6251 nonsense. What is going on, and can I suppress all aspects of the unnecessary 6251?

    Best answer by KarenJ2

    Form 6251 references Form 2555 and Form 1116.  You should complete the Form 6251 even if you have no AMT.

     

     

    1 reply

    KarenJ2Answer
    Level 13
    February 27, 2020

    Form 6251 references Form 2555 and Form 1116.  You should complete the Form 6251 even if you have no AMT.

     

     

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