Skip to main content
Level 1
March 10, 2026
Question

why does it keep asking me to enter zero under AMT prior depreciation and when I do it keeps taking back to it?

  • March 10, 2026
  • 1 reply
  • 0 views
No text available

1 reply

Level 15
March 10, 2026

AMT deprecition should not be zero unless federal depreciation for regular tax purposes was zero, For most assets, except those acquired decades ago, the AMT depreciation will be the same as the regular depreciation.   A difference will create an AMT gain or loss for the alternative minimum tax Form 6251, which may or may not make a difference in your taxes. .