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

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

clk87
New Member

Calculating alternative minimum taxable income (AMTI)

For the capital loss carryover worksheet/Line E - AMT, I'm told to input my Alternative minimum taxable income (Form 6251, Line 4).

However, I don't have Form 6251 from last year. What should I put in here?

The help article says most people put in their "regular" taxable income Form 1040, line 10 (which also seems strange because line 10 is adjustments to income from Schedule 1, Line 26).

But more pertinently, for myself the help article says AMTI maybe different than my "regular" taxable income even if I didn't have to pay AMT because I supported multiple dependents.

So how do I calculate my AMTI if I think my AMTI is probably different than my "regular" taxable income?

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.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies