| Government Form |
|
|||
|---|---|---|---|---|
| Worksheet | Section | Field | ||
| Name | General > Basic Data | General |
First name > Taxpayer Initial > Taxpayer Last name > Taxpayer Suffix > Taxpayer First name > Spouse Initial > Spouse Last name > Spouse Suffix > Spouse |
|
| Social Security Number | General > Basic Data | General | Social security number > Taxpayer | |
| Part I - Alternative Minimum Taxable Income | ||||
| 1 |
Form 1040, Line 15 or Line 11 minus Line 14 |
|||
| 2a |
Form 1040, Schedule A, Line 7 or Form 1040. Line 12a |
|||
| Form 1040NR Schedule A, Line 1b | ||||
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Generation-skipping transfer tax on income distributions | ||
| 2b | Form 1040, Schedule 1, Line 1 or Line 8z | |||
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Refund of taxes - Adjustment | ||
| 2c | Calculated based on Form 4952AMT | |||
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Investment interest - Adjustment | ||
|
Either of the following worksheets: Income >
|
Activity | Interest deduction Adjustment if activity is nonpassive | ||
| 2d | Calculated based on entries on | |||
|
Either of the following worksheets: Income >
|
Depletion entries if activity is nonpassive | |||
|
Either of the following worksheets: Income >
|
Activity | Depletion (other than oil and gas) | ||
| Income > Fiduciary Passthrough | Activity | Depletion | ||
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Depletion - Adjustment | ||
| 2e | NOL on Form 1040, Schedule 1, Line 8a | |||
| 2f | Calculated based on net operating loss calculation and | |||
| Taxes > Alternative Minimum Tax | Other | ATNOL attributable to disaster losses or 2008/2009 losses under Section 172(b)(1)(H) | ||
| 2g |
Either of the following worksheets: Income >
|
Tax Exempt Interest |
State nontaxable and State taxable if Code is "2" or "3" |
|
| Income > Consolidated 1099 | Form 1099-INT Interest Income |
Specified private activity bond interest State nontaxable and State taxable if Code is "2" or "3" |
||
| Income > Consolidated 1099 | Form 1099-DIV Dividend Income |
Specified private activity bond interst dividends State nontaxable and State taxable if Code is "2" or "3" |
||
|
Any of the following worksheets: Income >
|
Interest and Dividends |
Amount if Type is "9," "10," "16," 17," and Code is "2"' or "3" |
||
|
Either of the following worksheets: Income >
|
Activity | Tax-exempt private activity bonds | ||
| Income/Deductions > Alternative Minimum Tax | Adjustments & Preferences | Interest from bonds exempt from regular tax - Adjustment | ||
| 2h | Taxes > Alternative Minimum Tax | Adjustments & Preferences | Qualified small business stock - Adjustment | |
| Calculated based on Sch D if Section 1202 gain | ||||
| 2i |
Either of the following worksheets: Income >
|
Activity | Incentive stock options if activity is nonpassive | |
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Exercise of incentive stock options - Adjustment | ||
| 2j | Income > Fiduciary Passthrough | Activity | Adjustment for minimum tax purposes | |
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Estate & Trust amount from Schedule K-1 (Form 1041), Box 12, Code A - Adjustment | ||
| 2k | Calculated based on nonpassive Schedule D, forms 4684, 4797 and 6252 transactions Depreciation if automatic sale | |||
|
Either of the following worksheets: Income >
|
Activity | Adjusted gain or loss if activity is nonpassive | ||
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Disposition of property - Adjustment | ||
| 2l | Calculated base on Form 4562 | |||
|
Either of the following worksheets: Income >
|
Activity | Post 1986 depreciation property if activity is nonpassive | ||
| Income > Fiduciary Passthrough | Activity | Accelerated depreciation | ||
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Depreciation of post 1986 property - Adjustment | ||
| 2m | Calculated based on Form 8582AMT | |||
|
Either of the following worksheets: Income >
|
Activity |
Interest deduction Adjustment Incentive stock options Passive activities Depr of post 1986 property Adjusted gain or loss Depletion (other than oil and gas) Post 1986 circulation expenditures Installment sales of certain properties Long-term contracts (after 02/28/86) Loss limitations Post 1986 mining costs Post 1986 research and experimental other if activity is passive |
||
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Passive activities - Adjustment | ||
| 2n |
Either of the following worksheets: Income >
|
Activity |
Loss limitations If activity is nonpassive and at-risk or basis limitation |
|
|
Either of the following worksheets: Income >
|
Activity |
Interest deduction Adjustment Incentive stock options Passive activities Depr of post 1986 property Adjusted gain or loss Depletion (other than oil and gas) Post 1986 circulation expenditures Installment sales of certain properties Long-term contracts (after 02/28/86) Loss limitations Post 1986 mining costs Post 1986 research and experimental other if activity is nonpassive and at-risk or basis limitation |
||
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Loss limitations - Adjustment | ||
| 2o |
Either of the following worksheets: Income >
|
Activity | Post 1986 circulation expenditures if activity is nonpassive | |
|
Either of the following worksheets: Income >
|
Activity (Continued) | Sec 59(e)(2) expenditure times 66.7% if type is 1 and activity is nonpassive | ||
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Circulation cost - Adjustment | ||
| 2p |
Either of the following worksheets: Income >
|
Activity | Long-term contracts (after 02/28/86), if activity is nonpassive | |
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Long term contracts - Adjustment, if activity is nonpassive | ||
| 2q |
Either of the following worksheets: Income >
|
Activity | Post 1986 mining costs If activity is nonpassive | |
|
Either of the following worksheets: Income >
|
Activity (Continued) | Sec 59(e)(2) expenditure times 90% if type is 3 or 4 and activity is nonpassive | ||
|
Either of the following worksheets: Income>
|
Activity (Continued) | Sec 59(e)(2) AMT carryovers Amount divided by Years Remaining if type is 3 or 4 and activity is nonpassive (reported as a negative) | ||
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Mining costs - Adjustment, if activity is nonpassive | ||
| 2r | Taxes > Alternative Minimum Tax | Adjustments & Preferences | Research and Experimental cost - Adjustment | |
| 2s | Calculated based on Form 6252 | |||
|
Either of the following worksheets: Income >
|
Activity | Installment sales of certain properties, if activity is nonpassive | ||
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Install sale income pre-87 - Adjustment, if activity is nonpassive | ||
| 2t | Calculated based on | |||
|
Either of the following worksheets: Income >
|
Depletion entries | |||
| Taxes > Alternative Minimum Tax | Adjustments & Preferences | Intangible drilling costs - override | ||
| 3 | Taxes > Alternative Minimum Tax | Adjustments & Preferences | Other Adjustments, inc-based, charitable contributions, business interest limitation | |
| Income > Fiduciary Passthrough | Activity | Amortization | ||
| Deductions > Itemized Deductions | Home Mortgage Interest Paid to Financial Instituion | Amount if Mortgage Interest Option is Not deductible for AMT | ||
| Deductions > Itemized Deductions | Other Home Mortgage Interest Paid | Amount if Mortgage Interest Option is Not deductible for AMTAmortization | ||
|
Income > Sch C - Business |
Business Use of Home (Form 8829) | Deductible Mortgage Interest IF Mortgage interest code is 1 or 3 | ||
|
Income > Sch F / 4835 - Farm |
Business Use of Home (Form 8829) | Deductible Mortgage Interest IF Mortgage interest code is 1 or 3 | ||
|
Income > Sch E - Partnership Passthrough |
Business Use of Home (Form 8829) | Deductible Mortgage Interest IF Mortgage interest code is 1 or 3 | ||
|
Income > Sch E - S corporation Passthrough |
Business Use of Home (Form 8829) | Deductible Mortgage Interest IF Mortgage interest code is 1 or 3 | ||
| Form 6251 - AMT Capital Gain/Loss Transaction worksheet | ||||
| Form 6478, line 2 | ||||
| Form 8864, line 8 | ||||
| Form 461, line 16 minus Form 461 AMT, line 16 | ||||
| Calculated based upon AMT differences if loss | ||||
| 4 | Calculated | |||
| Part II - Alternative Minimum Tax | ||||
| 5 | Calculated based on filing status | |||
| 6 | Calculated | |||
| Foreign > 1040NR - Nonresident Alien Income Tax | Other Income, Credits, Taxes and Adjustments | Net gain from disposition of U.S. real property | ||
| 7 | Calculated | |||
| 8 | Calculated based on Form 1116 AMT | |||
| Taxes > Alternative Minimum Tax | Other | AMT foreign tax credit - override | ||
| 9 | Calculated | |||
| 10 | Form 1040, Line 11 excluding Form 4972 tax, less Form 1040, Schedule 2, Line 46 and | |||
| Credits > Credit Options and Adjustments | Form 1040 Credit Adjustments | Form 1116 (foreign tax credit) | ||
| Form 1040NR, Line 42 excluding Form 4972 tax, tax on lump-sum distribution and Form 1116 foreign tax credit | ||||
| Calculated if Schedule J used | ||||
| 11 | Calculated - carries to Form 1040, Schedule 2, Line 1 | |||
| Form 6251, Page 2 | ||||
| Part III - Tax Computation Using Maximum Capital Gain Rates | ||||
| 12 | Form 6251, Line 11 or Foreign Earned Income Tax Worksheet, Line 3 | |||
| 13 | Line 13 of the Sch D AMT Tax Worksheet | |||
| Foreign > 1040NR - Nonresident Alien Income Tax | Other Income, Credits, Taxes and Adjustments | Net gain from disposition of U.S. real prop - 15% | ||
| Limited to Line 31 if Form 2555, Lines 45 and 50 > 0 | ||||
| 14 | Schedule D AMT Line 19 | |||
| Foreign > 1040NR - Nonresident Alien Income Tax | Other Income, Credits, Taxes and Adjustments | Net gain from disposition of U.S. real prop - 25% | ||
| 15 | Calculated | |||
| 16 | Calculated | |||
| 17 | Calculated | |||
| 18 | Calculated | |||
| 19 | Calculated | |||
| 20 | Line 14 of the Sch D Tax Worksheet or Line 7 of the Qualified Dividends and Capital Gains Worksheet | |||
| 21 | Calculated | |||
| 22 | Calculated | |||
| 23 | Calculated | |||
| Taxes > Alternative Minimum Tax | Other | AMT capital gain taxed at 0% | ||
| 24 | Calculated | |||
| 25 | Calculated based on filing status | |||
| 26 | Form 6251, Line 21 | |||
| 27 | Line 19 of the Sch D Tax Worksheet, Line 7 of the Qualified Dividends and Capital Gains Worksheet, or Form 1040, Line 15 | |||
| 28 | Calculated | |||
| 29 | Calculated | |||
| 30 | Calculated | |||
| Taxes > Alternative Minimum Tax | Other | AMT capital gain taxed at 15% | ||
| 31 | Calculated | |||
| 32 | Calculated | |||
| 33 | Calculated | |||
| Taxes > Alternative Minimum Tax | Other | AMT capital gain taxed at 20% | ||
| 34 | Calculated | |||
| 35 | Calculated | |||
| 36 | Calculated | |||
| Taxes > Alternative Minimum Tax | Other | AMT capital gain taxed at 25% | ||
| 37 | Calculated | |||
| 38 | Calculated | |||
| 39 | Calculated | |||
| 40 | Calculated - carries to Form 6251, Line 31 | |||
| OR | ||||
| Foreign Earned Income Tax Worksheet, Line 4 | ||||
| Product Support - support.cch.com/axcess Customer Support Knowledge Base - support.cch.com/kb Customer Support Contacts - support.cch.com/contact |