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Level 1
posted Apr 11, 2022 8:13:22 AM

if i do standard deduction can I skip doing AMT? it appears since i started taking standard deduction in 2019 b y my CPA and 2020 by turbotax AMT calculations were done

if i do standard deduction can I skip doing AMT? it appears since i started taking standard deduction in 2019 b y my CPA and 2020 by turbotax AMT calculations were done

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1 Replies
Expert Alumni
Apr 11, 2022 8:23:38 AM

Not necessarily. The standard deduction is an adjustment item as well.

 

Some of the adjustment items are very common, while others only affect a small number of individual taxpayers. The items that are subject to adjustment  for AMT for individual taxpayers include:

An individual taxpayer’s AMT adjustment items are added or subtracted in the calculation of AMTI on page 1 of Form 6251. These adjustments are discussed below.

 

AMT