I need to find Allens' AMT adjustments. Don't we just take the expenses and contributions from his AGI?© BrainMass Inc. brainmass.com June 3, 2020, 8:17 pm ad1c9bdddf
Referring to a Form 6251, the following amounts would be entered:
Line 1 $40,125
Line 2 1,875
Line 3 13,000
The solution references to line items on a Form 6251 and lists the adjustments that would be entered to properly complete the schedule. The calculation of the adjustments together with an explanation of each is presented too.