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Form 6251 Alternative Minimum Tax

SOLVEDby Intuit11Updated almost 2 years ago

The program calculates and prints Form 6251, if it applies to the taxpayer's return.

  • 1= force Form 6251, 2= when applicable - The program calculates and prints Form 6251, if it applies to the taxpayer's return. Enter 1 to force Form 6251 to print whenever there is an adjustment (other than itemized deductions) on Form 6251. If there are no adjustments on Form 6251, the program omits the form from a complete return. Enter 2 to print Form 6251 only when required by the IRS.
  • Use Screen 40, Alternative Minimum Tax (6251), to make adjustments and overrides to the various Adjustments and Preferences.
  • Incentive stock options - Enter the alternative minimum tax adjustment for incentive stock options, section 422(b), as outlined in the alternative minimum tax instructions.

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