Reply To: 8801 AMT Credit Carryforward – ISO

Home Fairmark Forum Equity Compensation 8801 AMT Credit Carryforward – ISO Reply To: 8801 AMT Credit Carryforward – ISO

#3198
Kaye Thomas
Moderator

It’s impossible to know exactly what’s going on without seeing your Form 8801, but for reasons that are not easily explained, your AMT credit carryover can legitimately decrease in a year you do not claim the credit. It has to do with the interaction of two different AMT calculations, one that applies only the exclusion rules, and one that applies the timing rules as well as the exclusion rules.