It is AMT.I had to compare the 1040 carefully in both options.Basically, I can deduct ~$5K of AMT carryover credit if I itemize, and ~$1K if I take the standard...
OK I partially see at least.Both are "correct" but there is some difference in the shadow wold of AMT. I need to compare my 6251 forms closer. But high level I ...
OK I still haven't paid so I can't quite work out the detail, but I see my federal credits are higher if I take the itemized deduction by about $3,600. Not sure...
