During the "Federal Review" section of my 2023 return I was asked to "Check This Entry" and enter two values from a previous 2021 return:
Value from 2021 Schedule D for AMT, Line 7
Value from 2021 Schedule D for AMT, Line 15
I couldn't find anything related to "AMT" in my 2021 Return so simply entered the Line 7 and Line 15 values from my 2021 Schedule D. Is this correct?
I have attached a screenshot below:
You'll need to sign in or create an account to connect with an expert.
Yes, that is correct.
If you didn't have a Form 6251, and there aren't any alternate numbers for AMT listed on your capital loss carryover worksheet, that means you didn't have any AMT adjustments to your transactions.
In that case, your AMT carryover figures would be the same as the ones on your Schedule D.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
taxed24
New Member
lesann
New Member
tomsns1
New Member
marquette1972
New Member
numach
Level 1
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.