I am using Easy steps method. I have entered an amount of xxx dollars into "Carrying charges for fees for investment advice" field. This seems to somehow gets misinterpreted as "current year non-capital loss" and shows up in the Alternative Minimum Tax screen.
More details:
Even though I do not have current year non-capital loss, I get a warning "You have a current-year non-capital loss on your return, but one or more entries is missing on Form T691: a loss reported on line ..."
When I click in the warning, it elaborates further as follows: "You have a current-year non-capital loss on your return, but one or more entries is missing on Form T691: a loss reported on line 12600 but no entry on line 67830; a loss reported on line 12200 but no entry on line 67840; a claim on line 23200 but no entry on line 67820; or a claim on line 22100 but no entry on lines 67820 or 67840. Check your entries and make the necessary corrections."
When I click on "Applies to me", it gets me to "Alternative Minimum Tax" Easy step.
At the bottom of this screen I can see: "There is a claim of $ xxx reported for carrying charges, interest expenses, or other expenses, but there are no entries on this step. Review your entries in the section for tax shelters, partnerships, and non-active partners."
And the xxx dollar amount is exactly the amount I claimed for "Carrying charges for fees for investment advice".
Yet, none of the options offered in the "Alternative Minimum Tax" Easy step applies.
Am confused.
Is this another TT2024 bug?
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