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March 15, 2024
Question

Re: AMT vs Regular Tax - Depreciation for Rental House and Passive Loss Carryovers

  • March 15, 2024
  • 1 reply
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@Carl11_2 - Hi Carl - could you please advise? Thank you

    1 reply

    Carl11_2
    March 15, 2024

    I've never had to deal with AMT tax on anything. So I know next to nothing about the Alternative Minimum Tax. For me, my 4562 titled "Alternative Minimum Tax Depreciation" has never been used. You can read the basics here. https://www.irs.gov/taxtopics/tc556