Npdf alternative minimum tax worksheet form 1040a

If you did not complete either worksheet for the regular tax, enter the amount from form 1040 or 1040sr, line 11b. Alternative minimum taxindividuals internal revenue service. If you are eligible to claim any of these credits for tax. Use this form to figure the amount, if any, of your alternative minimum tax amt. Repeal the alternative minimum tax senate finance committee. Information about form 6251, alternative minimum tax individuals, including recent updates, related forms and instructions on how to file.

Part vasa worksheet and enter your penalty amount on your tax retum, but. The amt sets a limit on the amount these benefits can be used to reduce total tax. Enter the amount from line 7 of the qualified dividends and capital gain tax worksheet or the amount from line 14 of the schedule d tax worksheet, whichever applies as figured for the regular tax. About form 6251, alternative minimum tax individuals. The calculation is done on the iowa itemized deductions worksheet, form ia 104. You did not have an alternative minimum tax adjustment on stock you acquired from the exercise of an incentive stock option. Deductions worksheet on page a10 of the instructions for schedule a form 1040. Form 6251 is used by individuals to figure alternative minimum tax. Your taxes are only from the tax table, the alternative minimum tax, recapture of an education credit, form 8615 or the qualified dividends and capital gain tax worksheet. About form 6251, alternative minimum tax individuals internal. Form 6251 pdf instructions for form 6251 print version.

Enter the lesser of line 4 or 5 here and on form 1040me. Enter the amount from line 7 of the qualified dividends and capital gain tax worksheet in the instructions for form 1040, line 44, or the amount from line 19 of the schedule d tax worksheet, whichever applies as figured for the regular tax. If you did not complete either worksheet for the regular tax, enter the. Publication 17 your federal income tax for individuals alternative minimum tax amt alternative minimum tax amt. Tax, including any alternative minimum tax see page 33. Please report any broken 1040a form and instructions booklet links using our contact us page found at the bottom of this page. Part i alternative minimum taxable income see instructions for how to. Your only adjustments to income are the ira deduction, the student loan interest deduction, the educator expenses deduction, the. If you filed form 1040a in prior years, then you will use the redesigned irs form 1040 for the current year. Enter your 2017 tax after credits from form 1040, line 56 see instructions if not filing form 1040.

Alternative minimum taxable income see instructions for how to complete each line. Alternative minimum tax amt worksheet to see if you should fill in form 6251 publications. Individual income tax return 99 2017 department of the treasury internal revenue service. Line 35 of the recomputed federal form 6251 or line 23 of the recomputed federal form 1040a, alternative minimum tax worksheet, is to be entered on line 1 of the nebraska minimum or other tax worksheet found on page 7 of the instructions for form 1040n. This section briefly discusses an additional tax you may have to pay.