The calculation in my case is the same, no AMT is due. According to the help, and I assume the IRS rules, permission to not use the simplified method if used in the first year would have to be obtained.

I am wondering if taking off the election where there is no change in tax, carryovers, etc. would create some king of problem.

N

Nancy Devine- Virginia

Level 2

Yes, I am on with support at the moment and am having the same issue. I have 6 partner returns I must file using this method so we surely need a quick fix.

N

Nancy Devine- Virginia

Level 2

I just talked to support and the programmers are working on it. ETA is Friday for an update. Hope it happens.

J

Jonas121920

Level 2

Was that Friday 4/23 or Friday 4/30? It didn't happen by the 23rd, but happy to hear they are working on it. I can change the method and end up with same credit, but don't like to knowingly violate IRS rules, even though I know it's unlikely they would ever notice. And I would rather file electronically. So I will wait and keep my fingers crossed. I am very disappointed in TT that it has taken this long.

Thanks for sharing your info.

C

cici1

Level 2

Has TurboTax provided an update which allows e-filing with AMT Form 1116 using the Simplified Method?

C

cpasfla

Level 2

Was this ever resolved - I am having the same issue

M

MelissaL

Level 4

Good morning. This issue was never resolved for 2020 and is an issue again for 2021. Is Proseries ever going to address this? I do not see anything in the IRS instructions that says you must paper file a return that includes form 6251 with Simplified AMT elected.

IntuitZacharyG

Level 6

Good morning, we wanted to reach out and let you know we advised the correct team about the experience you're having with this. When we get more info we'll follow up here with you.

Sign up

Login with SSO

Let's get you signed in

Login with SSO