mort wrote:
- quote -


You should look at how Form 6251 is being filled out (you may have to
tell the software to "force print" it if not automatically included in
your return).

What is your filing status? Dependents? Is $110K your AGI, or your
taxable income?

It's also quite possible that at this early date, the release of
software you have does not fully implement correct AMT calculations, or
perhaps you have to answer a question to go further into the AMT portion
of the interview. (This was definitely a problem last year, but this
year the temporary AMT patch was written into law earlier.)

-Mark Bole

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I have $110,000 of income, nearly all of it dividends. I have huge
deductions, so 1040 comes up with no tax.

I expected to get caught by AMT, but that comes up zero also. Is that a
reasonable result that I should accept, or should I start looking for
errors?


========================================= MODERATOR'S COMMENT:
What are your deductions? If they are mostly state/local income
taxes and property taxes, that tends to drive up AMT. But if they are
Schedule C expenses, qualified home mortgage acquiition debt, charitable
deductions, those favor lower/low AMT.

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >