Explore BrainMass

Explore BrainMass

    Calculation of total AMT adjustments for AMTI

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    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


    Solution Preview

    Referring to a Form 6251, the following amounts would be entered:

    Line 1 $40,125
    Line 2 1,875
    Line 3 13,000
    Line ...

    Solution Summary

    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.