1040: Reviewing Form 6251
You can review Form 6251 through Tax Forms. Click the Tax Forms tab and scroll down to Form 6251 - Alternative Minimum Tax.
Use the hyperlinks to drill down and review the supporting workpapers and Organizer data entry from Form 6251. Right-click a corresponding hyperlink and select the Direct to Organizer option to review the Organizer entries.
Note that the incentive stock options were entered on the Alt Min Tax Organizer screen. Click Previous to return to Form 6251.
Click line 2i to view the supporting workpaper showing the calculation of the AMT adjustment for the exercise of incentive stock options.
The workpaper gives an AMT adjustment summary.
Return to the tax form, and click line 2m to view a workpaper showing the difference between and AMT and regular income/loss for passive activities.
This workpaper gives you a breakdown of the AMT differences for passive activities.
Tutorials/1040_review_6251.htm/TY2019
Last Modified: 10/09/2019
Last System Build: 06/18/2021
©2019-2020 Thomson Reuters/Tax & Accounting.