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 Form 6251 Alternative Minimum TaxIndividuals 2020

6251 Get 2020-2025 Form

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Video instructions and help with filling out and completing Form 6251 Alternative Minimum TaxIndividuals

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Instructions and help about 6251 form 2020

video we'll be going over the worksheet to see if you should fill in IRS form 6251 which you can find in the instructions for schedule 2 line one this is the tax form that you must use to calculate an alternative minimum tax if you're subject to that so this worksheet helps taxpayers understand whether or not they need to complete form 6251 and pay any Alternative Minimum Tax which would then be reported on schedule 2 line one so this worksheet is fairly straightforward we've gone ahead and populated these fields we'll walk through them and then we'll take another look after we've changed some numbers around to see how that might impact our decision making so let's start with line one in line one are you filing schedule a so uh if you select no you would skip lines one and two and then you would go to your form 1040 you would take your uh line 11 which is your adjusted gross income and from that you would subtract your qualified b

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