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11284

11284

The following diagnostic is generating:

AMT depreciation expense has been carried to Form 6251, Research & Experimentation Costs. This amount comes from AMT depreciation expense for assets entered in the depreciation screen that have an amortization code of 59. If any of this amount is from mining costs, reallocate it using the input codes in Screen 40 (AMT).

Solution:

Amortization code 59 is ""optional write-off of tax preferences"" This makes it an AMT item which goes over to the 6251. The most common reason would be for research and experimentation costs, however the diagnostic is stating that if its for something other than that, such as mining costs, to reallocate it using the input on screen 40.