1038570
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.

Why am i being charged a tentative tax?

 
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 Best answer

Accepted Solutions
JamesG1
Expert Alumni

Why am i being charged a tentative tax?

Are you seeing the calculation of the Alternate Minimum Tax (AMT) on form 6251?  See Part II line 9 on IRS form 6251.

 

AMT is calculated on many tax returns but it only is assessed when the AMT exceeds the regular tax calculation.

 

If you do pay the higher, AMT tax, you will see the figure on Part I line 1 of Schedule 2 of the 1040.

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

View solution in original post

1 Reply
JamesG1
Expert Alumni

Why am i being charged a tentative tax?

Are you seeing the calculation of the Alternate Minimum Tax (AMT) on form 6251?  See Part II line 9 on IRS form 6251.

 

AMT is calculated on many tax returns but it only is assessed when the AMT exceeds the regular tax calculation.

 

If you do pay the higher, AMT tax, you will see the figure on Part I line 1 of Schedule 2 of the 1040.

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

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question