Triggered AMT for this year, but no AMT Carryover amount for 2019 in form 8801?

Hello TurboTax

I unfortunately triggered AMT this year. Reading online, I should be able to carry forward any AMT I payed this year as credit to regular tax liabilities in the future years. After filling out everything, Line 26 on form 8801 does not show a carry forward balance for 2019. Form 6251 however does show the AMT liability.

Please advise? Am I misunderstanding how the AMT carry forward works?

851

Level 15

Feb 20, 2019 4:55:52 AM

suggest running through the math line by line on Form 8801

The minimum tax credit is allowed only for the AMT caused by deferral items. the tax credit is not on ALL AMT paid.....

it works correctly.

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Triggered AMT for this year, but no AMT Carryover amount for 2019 in form 8801?