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Why CA 100 Schedule P not showing the amount on Line 7c and 3805 AMT does not show the AMT NOL utilization?

Level 2

My corporate client has NOL amount carried forward from 2018 and previous years.  This year 2019, the company made income and can claim NOL in CA 100.  However, I noticed that the company owes AMT for 2019 but to me, there should be no CA AMT.  I noticed that below could be the reason why the company has AMT:

1. Form 3805  CA NOL AMT does not show any utilization of NOL AMT for 2019 that could reduce the net income for AMT purposes.

2. Schedule P does not show any amount in line 7c (which the 90% of Net income)

This is my first time to do this, I need your assistance on this on how to resolve the above (if I am correct that there should be no AMT).

Appreciate your help on this.






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