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Amt amount owed -- is that calculated in federal refund already?

I am showing a federal refund.  Just want to make sure this is net of amt.
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ioany
New Member

Amt amount owed -- is that calculated in federal refund already?

Yes, see below the answer I received a couple days ago:

The Alternative Minimum Tax (AMT) is automatically calculated by TurboTax and included on your tax return. It is shown on line 45 of your form 1040.

To visualize the amount of AMT on your form 1040, you can preview form 1040:

In Turbotax, open your return

  • Click on My Account on top of your screen
  • In the small dialog box, click on Tools
  • On the Tools Center page, click on View Tax Summary
  • On the next page. click on Preview my 1040 on top of the screen
  • Your form 1040 will display.
  • Scroll down to line 45 and you should see the amount of the Alternative minimum tax.


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