Combined Form AMT-T print requirements
To print Form AMT-T, Alternative Minimum Tax Calculation of Tax:
- In theOrganizer, selectStatesthenState and City Activation/Consolidation.
- On Column C, selectCombineon the Minnesota Row.
- In theOrganizer, selectStatesthenMinnesota.
- SelectGeneral Informationand make sure theSmall corporation exempt from federal AMT under IRC sec 55(e)checkbox isn't selected.
- Go toReturn Optionsand make sure theForm AMTTin the sectionPrint Suppressioncheckbox isn't selected.
- SelectCredits,General Credits, then go to theAlternative Minimum Tax Credit (Schedule AMTT)section.
- Make sure an amount isn't present on theLine AMT credit carryover from prior year.
- Go toTax Forms,States, thenMinnesota.
- Go toAMTT – Alt. Min. Credit.
- Make sure an amount greater than 0 is entered onLine 1orLine 13.
- Go toCombined Report,AMTT – Alt. Min. Tax Credits, thenAMTT, Detail for Each Member.
- Make sure an amount is present for each member.
- Do a full recompute, then print the return.
note
This form is used to compute both the AMT and the AMT Credit.