Is there a limit to AMT loss?
July 23, 2001
Subject: Incentive Stock Options
Date: Tue, 3 Jul 2001
When calculating the adjusted gain or loss on Line 9 of Form 6251-AMT, do you know if the AMT loss limited to $3,000??
Date: Mon, 9 Jul 2001
Yes. See the instructions to Form 6251. AMT capital gains and losses are computed on a separate Schedule D, and the $3,000 capital loss limitation separately computed and applied for AMT.