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Level 3
March 25, 2022
Question

AMT on Sale of Home

  • March 25, 2022
  • 1 reply
  • 5 views

Taxpayer has Taxable Income of $773K The gain from sale of principal residence is $677K. This has triggered AMT and Net Investment Tax. Single Taxpayer, primary residence. Should I expect to see AMT and NIIT? (a fellow tax pro is saying no, so I thought I would check with the community!

Thank you

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1 reply

dkh
Level 15
March 25, 2022

This post indicates someone else had this same problem and concluded it's a program error

Pro Series - for the excluded amount on the sale o... - Intuit Accountants Community