Reply To: Using AMT Credit Against Schedule E Income

Home Fairmark Forum Equity Compensation Using AMT Credit Against Schedule E Income Reply To: Using AMT Credit Against Schedule E Income

#7236
Kaye Thomas
Moderator

There is no restriction on the types of income that may be used for this purpose. However, once you have enough income to use up the AMT credit, long-term capital gain is no longer useful because it is taxed at the same rate under AMT as under the regular tax.