Discussion:ProSeries & carrying AMT forward
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Discussion Forum Index --> Tax Questions --> ProSeries & carrying AMT forward
| 16 March 2007 | |
| Hi folks, I'm a little confused (seems like normal state of mind this time of year). Client paid $32K of AMT in 2004. No AMT paid in 2005 on taxable income of $456K and no credit recapture and the 8801 shows no carryforward to 2006. Now on the 2006 return the taxable income is $0 and it doesn't even generate the 8801. So where did it go or what am I being blind about? | |
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