BulldogTom Posted April 4, 2009 Report Share 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 Link to comment Share on other sites More sharing options...
Maribeth Posted April 4, 2009 Report Share 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 Link to comment Share on other sites More sharing options...
BulldogTom Posted April 4, 2009 Author Report Share 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 Link to comment Share on other sites More sharing options...
Margaret CPA in OH Posted April 4, 2009 Report Share Posted April 4, 2009 Sleep? What's that? Quote Link to comment Share on other sites More sharing options...
TAXBILLY Posted April 4, 2009 Report Share Posted April 4, 2009 Why I had a few hours of sleep just the other day ... I think. :~) taxbilly Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.