Explore the 1,000’s of tax questions answered by professionals.

Back to

QUESTION DETAIL

Related User

Votes

If someone claims a self employed health insurance deduction on their form 1040, does this amount always have to be added back to income for alternative minimum tax on line 27 on form 6251?


ANSWER


The BIDaWIZ Team's Answer:

The short answer is that it is not always added-back. The items that are added-back to the AMT calculation largely depend on your expenses in relation to income as noted in IRS instructions for Form 6251.

The BIDaWIZ Team

 

 

  • Currently 4.6190/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
1547 Ans.