BulldogTom Posted April 4, 2009 Report Posted April 4, 2009 Am I confused or is ATX just not acting right. My understanding is that the NOL just has to be recomputed for AMT and the difference added back. Is this correct? ATX is adding back the entire NOL. Am I missing a box or just totally screwed up on NOLs and AMT (a distinct possibility). Thanks for any help Tom Lodi, CA Quote
Maribeth Posted April 4, 2009 Report Posted April 4, 2009 Am I confused or is ATX just not acting right. My understanding is that the NOL just has to be recomputed for AMT and the difference added back. Is this correct? ATX is adding back the entire NOL. Am I missing a box or just totally screwed up on NOLs and AMT (a distinct possibility). Thanks for any help Tom Lodi, CA Tom, look at the 6251. I believe towards the bottom is the line where you add the AMT NOL. Maribeth Quote
BulldogTom Posted April 4, 2009 Author Report Posted April 4, 2009 Thank you Maribeth. It is amazing the difference in your understanding after sleeping for a while and coming back and looking again. I could not see that item last night even though I read through that form a dozen times. Today, it is right in plain sight. Thanks again. I appreciate your help. Tom Lodi, CA Quote
TAXBILLY Posted April 4, 2009 Report Posted April 4, 2009 Why I had a few hours of sleep just the other day ... I think. :~) taxbilly Quote
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