TAX_IT
New Member

Troubleshooting

I agree.   My TurboTax Home & Business 2024 is asking me to complete the alternative minimum tax T691. 

I read the 2024 changes to AMT and it still should not be picking up my return.  Calculating the  client's AMT using TurboTax's  site quick method (link below or search AMT on help tips ) yields less than  $2000 versus the $40,000 threshold. 

 

 https://turbotax.intuit.ca/tips/the-alternative-minimum-tax-amt-how-it-works-and-what-you-need-to-kn...   

 

Hmmm. I can't make sense of it. Completing the form yields no tax as well.