1040 Federal Form 6251 Alternative Tax Net Operating Loss Deduction
The alternative tax net operating loss deduction, or ATNOLD, is calculated differently depending on the tax year and whether tentative AMT amounts are calculated automatically.
Overview
The alternative tax net operating loss deduction appears on
Form 6251, Line 11
for 2017 and prior years.
It appears on Form 6251, Line 2f
for 2018 and later years.
The calculation depends on whether the option to calculate tentative Alternative Minimum Tax amounts is selected in .
Tax Year 2018 and Later
For tax year 2018 and later, the ATNOLD calculation uses Form 6251, Lines 1 through 3, excluding the ATNOLD.
When
Calculate tentative amounts for lines 1 through 3
is selected, the alternative tax net operating loss deduction is calculated as 90% of Lines 1 through 3, excluding the ATNOLD. When
Calculate tentative amounts for lines 1 through 3
is not selected, the alternative tax net operating loss deduction is the smaller of: - 90% of Lines 1 through 3, excluding the ATNOLD
- The amount entered in the AMT net operating loss carryover fields in the Organizer
Tax Year 2017 and Prior
For tax year 2017 and prior, the ATNOLD calculation uses Form 6251, Lines 1 through 27, excluding the ATNOLD.
When
Calculate tentative amounts for lines 1 through 27
is selected, the alternative tax net operating loss deduction is calculated as 90% of Lines 1 through 27, excluding the ATNOLD. When
Calculate tentative amounts for lines 1 through 27
is not selected, the alternative tax net operating loss deduction is the smaller of: - 90% of Lines 1 through 27, excluding the ATNOLD
- The amount entered in the AMT net operating loss carryover fields in the Organizer
