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Yes. Form 8801 is available. Please click on the link for the Forms availability list if you have other forms you would like to check. For more information about the Alternative Minimum Tax in 2019, click the link. When you have owed AMT in prior years, but you do not owe AMT in the current year, you may be eligible for a credit, which is ...
If you don't owe AMT for the this tax year, but you paid AMT in one or more previous years, you may be eligible to take a credit for prior year minimum tax, which is calculated on form 8801. March 4, 2020 7:30 AM. February 4, 2022 8:48 AM. February 17th; the following link provides IRS Forms Availability @Sherri718. February 4, 2022 9:00 AM.
I used TurboTax Premier to file my Federal 2016 return. I had to pay AMT, so TurboTax should have produced tax form 8801. I am using TurboTax Premier to prepare my Federal 2017 return. To calculate AMT credits, the software is asking me to enter a number from form 8801 on my 2016 return. But when I ...
February 9, 2022 5:44 PM. In this public forum, we are provided with IRS form availability information, but not an explanation as to why the form is not available until that date. For additional information, it would be necessary to contact TurboTax customer support. February 9, 2022 6:02 PM. The IRS says forms 6251 and 8801 are available.
I have found a bug in line 22 of form 8801 for 2023 (using TurboTax Premier for Mac, updated today, if it makes a difference): The amount automatically entered by TurboTax on line 22 is not subtracting the credit on line 5b of Schedule 3. When I double-click on the amount in line 22 of form 8801, ...
I received notice from IRS regarding credit for prior year minimum tax. They want to verify eligibility for tax taken on Form 8801. They state that records show no prior year amt taken. According to form 8801 I have carry forward amount. How should I respond to IRS.
The irs instructions stop you at a certain point if the results are zero, and say not to complete or file the 8801 form, so this is perhaps why TurboTax does not have this information to carry over from prior years.
The IRS uses your prior year AGI to combat fraud. You can find your 2018 Adjusted Gross Income (AGI) by: Looking at line 7 on page 2 of your 2018 Form 1040; or; You can request a transcript of your 2018 tax return from the IRS to ensure you have the right number. You can request your transcript online at the following link: Get Transcript
Form 6251 is used to figure the amount, if any, of your alternative minimum tax (AMT). The AMT applies to taxpayers who have certain types of income that receive favorable treatment, or who qualify for certain deductions, under the tax law. For more information: IRS: About Form 6251. Form 8801 is used to calculate your Minimum Tax Credit for ...
The corrected Form 8801 is expected to be release later today (Release 20). You need to check on it this weekend. You should delete the form in your return. When a corrected form is updated it is possible for some old calculations is still in the form. Deleting the form will allow only the corrected form to be loaded.