sjrcpa
Level 15

Several things are not making sense here.

What year return?

Why should the difference between the regular tax capital loss and the AMT capital loss carry to Schedule 2?

Was the client actually subject to AMT in the year in question?

What does the IRS notice say?

Is it just a coincidence that whatever amount they want = the AMT adjustment for capital loss?

 


The more I know the more I don’t know.