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New Member
posted Oct 30, 2019 5:05:17 PM

Do I fill in the Alternative Minimum Tax window to enter all stock option deductions included in my T4 if I already entered the amount in box 39 of my T4 income window?

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1 Replies
Level 13
Oct 30, 2019 5:05:18 PM

You input the T4 as per issued. 

As for the AMT; review the links below from TurboTax  & CRA to explain and determine if you claim it or not:

What Is the Alternative Minimum Tax?: https://turbotax.intuit.ca/tips/what-is-the-alternative-minimum-tax-5350

Minimum tax: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-re...

Where to find in TurboTax? Found under the Deductions tab - Other Deductions - Alternative Minimum Tax and start from there