- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
AMT T691 and Capital Gain
It seems the T691 form on AMT has many bugs at this stage. For example, line 99 on Basic Exemption is wrong. It should be $173,205 in stead of $40,000. There are many other places where the numbers are not carried over from other lines. Is an update that would fix T691 coming out soon?
Also, capital gain is not transferred from Schedule 3 to T1 General.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
AMT T691 and Capital Gain
Are you using TurboTax Desktop or TurboTax Online?
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
AMT T691 and Capital Gain
I am using Turbox 2024 Desktop.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
AMT T691 and Capital Gain
Please contact our phone support so that they can screenshare to see the issues and will be able to escalate it into an investigation if needed.
Please let us know what the result was.
Thank you for choosing TurboTax.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
AMT T691 and Capital Gain
I'm also seeing problems with AMT T691 calculations in standard desktop edition. Ver 00.01.11 Build 1013068G01. In part 1: line 87 does not carry down to line 95. Line 96 does not subtract line 95 from line 84. ... as far as I can tell.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
AMT T691 and Capital Gain
@Pickering_Resident Please contact our phone support so that they can screenshare to see the issues and will be able to escalate it into an investigation if needed.
Please let us know what the result was.
Thank you for choosing TurboTax.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
AMT T691 and Capital Gain
t691 for 2024 is not out yet so i don't expect turbotax to have it working right until the form officially comes out.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
AMT T691 and Capital Gain
You are correct; there are still a few updates to be completed. These should be completed before you can file your 2024 tax return next month.
Thank you for choosing TurboTax.