03-13-2006, 07:36 PM
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 Re: capital loss carryover AMT "mel" <maris7[at]optonline.net> wrote: - quote - > Is there any reason that my tax program included a $3,000
The AMT capital loss carryover can be different than the> capital loss carryover as an addback to AMT Form 6251, Line > 16 Disposition of Property?. The carryforward loss is from > ordinary sales of shares of stock in 2002. I do not see any > reason for this addback, unless it did not pick up the loss > as an AMT loss, for some reason, and there should have been > a manual correction made. capital loss carryover for regular tax. << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
03-12-2006, 08:47 AM
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| capital loss carryover AMT Is there any reason that my tax program included a $3,000 capital loss carryover as an addback to AMT Form 6251, Line 16 Disposition of Property?. The carryforward loss is from ordinary sales of shares of stock in 2002. I do not see any reason for this addback, unless it did not pick up the loss as an AMT loss, for some reason, and there should have been a manual correction made. << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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| amt, capital, carryover, loss |
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