1040-US: AMT calculation on the Tax Projection Worksheet

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.

Characters left:

Change to CS Support service hours

Our Support department is closed on [[date]]. However, limited UltraTax CS phone support is available on that date from 9 AM - 5 PM ET due to the approaching deadline.

Links to our most popular tax processing topics are available in the Alerts and notices section on the right side of most pages.


How does the Tax Projection Worksheet calculate the next year's alternative minimum tax?


The Tax Projection Worksheet calculates alternative minimum tax based on the information reported on the worksheet itself and on the fields located in the Form 6251 section of Screen TPW-2. The following adjustments and preference items are automatically used in the alternative minimum tax calculation:

Use the Other adjustments and preferences field to report next year's projected amount for any other alternative minimum adjustments or preference items. Also provide input, if applicable, for projected NOL deductions, AMT NOL deductions and AMT foreign tax credits for next year.

UltraTax/1040 calculates a Tax Projection Worksheet - Alternative Minimum Tax located in the TPWTax folder to show how the alternative minimum tax was calculated.

Related topic: Tax Projection Worksheet FAQs (1040)

Share This