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tcochran1108
Level 3
March 10, 2025

7325

  • March 10, 2025
  • 1 reply
  • 12 views

The following diagnostic is generating:

Taxpayer received either foreign source qualified dividends and/or foreign source capital gain distributions and completed Form 1116 for AMT purposes. No adjustment was made to the amounts found on the AMT copies of Form 1116 as the taxpayer qualified for the AMT adjustment exception.

1 reply

sjrcpa
Level 15
March 10, 2025

Don't. It's correct.

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