We calculate most AMT adjustments for you. However, you'll need to make additional adjustments if you have any of the following:
- Investment interest AMT adjustment.
- Sale of stock acquired by exercising an incentive stock option.
- Exercise of an incentive stock option in 2007, if you did not sell the stock in 2007.
- Sale of property for which AMT and regular depreciation are different.
- Circulation expense adjustment.
- Income from an Installment sale taking place after August 16, 1986, but before January 1, 1987.
- Adjustment for partners in electing large partnerships.
- Adjustment for long-term contracts.
- Recalculation of loss limitations.
- Mining exploration and development cost adjustment.
- Patronage dividend adjustment.
- Pollution control facility adjustment.
- Research and experimental expenditures adjustment.
- Adjustment for tax shelter farm activities.
- Certain related adjustments for items of income or deduction that depend on a limit of income other than adjusted gross income or modified adjusted gross income.
Answer Yes if you have any of the items listed.