turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

mochicat123
Returning Member

AMT Negative Adjustment (ISOs) Field is Broken

Under Alternative Minnimum Tax for "Uncommon Situations", there's the option: 

"I exercised ISOs in 2023, but didn't sell the stock in 2023. Or I sold ISOs in 2023 that I purchased in a previous year."

 

The latter applies to me. In a prior year, I exercised my ISO shares. Last year, I sold them with a qualifying disposition.

If you continue the flow, two pages later (titled "Did you sell ISOs in 2023 that you purchased in a previous year?") you are prompted to enter the negative adjustment for AMT. No matter what you enter here--it has no impact on the numbers in the AMT taxable income breakdown on the next page.

 

This seems like a bug. I've contacted live support and was passed around between four different agents--two of whom hung up immediately, the other two seemingly not sharing any context (requiring the entire chat to occur again) and then giving up and quitting the chat themselves.

 

Separately--I'm using Turbotax Live Premium, which somehow isn't an option the "select a product" dropdowns either?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
CatinaT1
Expert Alumni

AMT Negative Adjustment (ISOs) Field is Broken

Are you still experiencing this problem?

 

Make sure you have ran all updates. 

 

If using TurboTax Online: Clear your cache and cookies. See this FAQ, for your particular browser.

If using TurboTax Desktop: Please see this FAQ.

 

If you still are not able to solve this, please call TurboTax Customer service.  Here is a link:  Turbo Tax Customer Service 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies