One of my client has AMT in TY 2016 and 2017 but it is not being carry forwarded to 2017 as well to 2018 by the pro series itself. Do i have to do it manually. I need help in this regards.
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AMT does not get carried forward but MTC does. You may have an MTC if the AMT was triggered by deferral items and/or AMTFTC 90% limit. AMT triggered by exclusion items has no impact on subsequent tax years.
AMT does not get carried forward but MTC does. You may have an MTC if the AMT was triggered by deferral items and/or AMTFTC 90% limit. AMT triggered by exclusion items has no impact on subsequent tax years.
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