What is the form used for? :
- Form 6251 to determine your alternative minimum tax (AMT) amount, if any. The AMT applies to taxpayers who have certain types of income that receive favorable treatment or who qualify for certain deductions under the tax law. These tax benefits can significantly reduce the regular tax of some taxpayers with higher economic incomes. The AMT limits how these benefits can be used to reduce total tax.
Is the form Supported in our program? Yes
How to access the form: To access the form, you will need to open a 1040 return on the Online/Desktop and then go to Add Form/Display and type 6251.
Limits to the form: This form cannot be copied. This form may add itself depending on the information entered.
Solution Articles:
8801 - Credit for Prior Year Minimum Tax
8827 - Credit for Prior Year Minimum Tax - Corporations
IRS Publication: https://www.irs.gov/forms-pubs/about-form-6251
