For tax year 2025 and first use of program-serious issue related to Form 8949 and AMT

[jblynch]

I have no idea what has just occurred!  I have been using the 2024 software for 2025 estimating with a sale of my Moorpark CA home.  Schedule D properly shows the net gain after exclusion for both regular and AMT purposes.  Somehow, Schedule D AMT is now getting into this and on line 10 is showing "Long-term totals from all Forms 8949 with box F or L checked" then effectively taking the basis of property sold and taking out both the exclusion and selling costs and computing a massive gain on sale!  I have no idea what boxes F or L on Form 8949 are or how this works into it.  At the moment, this freaking version is showing I owe more than an added $117K in taxes!  This is completely nuts and not rational.  Can someone answer this?  Thank you!  Jeff Lynch

[sjrcpa]

If you're using the 2025 software it is not yet ready for prime time.

[Terry53029]

As Susan said 2025 is not very functional yet. Ok to play around with it, but will have lots of errors until January (maybe even after that 😁)