gg33
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Thanks. It works.
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Where does this income actually show up? Does it reduce the tax due? Do I enter the amount somewhere in the tax due calculation?
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What about the "AMT gain/loss adjustment" on the PTP sales information sheet? Does it apply to the AMT basis, to the AMT ordinary income, or both?
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My K-1 details on PTP sale shows an "AMT gain/loss Adjustment". When entering info in the interview under the "AMT Gain or Loss" column do I apply this adjustme...
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My K-1 details on PTP sale shows an "AMT gain/loss Adjustment". When entering info in the interview under the "AMT Gain or Loss" column do I apply this adjustme...
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