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Zero Income Form

Zero Income Form

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Instructions and help about Zero Income Form

all right for this video I want to go over the IRS form 6251 so this is the alternative minimum tax for individual taxpayers and it is filed by an individual with their form 1040 1040 NSR or NR for non-resident taxpayers now AMT is a very large concept uh in the US tax base so I want to cover it kind of on a high level and then we'll dive into a more precise example which is going to be the fact pattern that we're working with in this video so I've got the 6251 here it's part of the full 1040 for John taxpayer so we'll take a look at the 1040 as a whole as well and then in addition to this I do have a sample form 3921 so this is going to be the subject of this fact pattern right we have a corporation uh that issues an ISO to a taxpayer and that taxpayer exercises the option during the year so the corporation provides this form uh for their records and it's necessary to complete their return and then I also have one slide here covering som

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