KP-SINGH
Level 1
12-07-2019
05:19 AM
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One of my client has AMT in TY 2016 and 2017 but it is not being carry forwarded to 2017 as well to 2018 by the pro series itself. Do i have to do it manually. I need help in this regards.
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itonewbie
Level 15
12-07-2019
05:20 AM
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AMT does not get carried forward but MTC does. You may have an MTC if the AMT was triggered by deferral items and/or AMTFTC 90% limit. AMT triggered by exclusion items has no impact on subsequent tax years.
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