worriedmom1, I sincerely appreciate your reply

Honestly, ISO with AMT is really a complicated topic. I really admire you and other ladies, because you undertstand so much.

You might be right, if you don't have AMT liability, you may get AMT credit on that year.

But as you said, my case is a bit different, I still have to pay AMT tax this year, even my AMT cost base is higher now. So, I don't see any AMT credit and no benefit from form 8801.

To answer your question, I guess it is exactly because I still hold a portion of ISO, so I don't see any credit on the portion I sold. But I will possibly have some credit on the portion I am holding.

By the way, do you know in which form the AMT capital loss carryover to 2008 is?

所有跟帖： 

• how can you have capital loss if you did not sell them? -worriedmom1- ♀ (119 bytes) () 04/12/2008 postreply 20:12:52

• 回复：how can you have capital loss if you did not sell them? -左右为难a- ♂ (297 bytes) () 04/12/2008 postreply 20:19:57

• you are very good at this area. -左右为难a- ♂ (151 bytes) () 04/12/2008 postreply 20:23:26

• If there is no such credit, you have to pay higher -worriedmom1- ♀ (303 bytes) () 04/12/2008 postreply 20:33:00

• YES, it only shows up in a worksheet, -左右为难a- ♂ (188 bytes) () 04/12/2008 postreply 20:36:48

• if you have an attached worksheet, maybe it is enough. -worriedmom1- ♀ (0 bytes) () 04/12/2008 postreply 20:54:07

• Thank you very much. -左右为难a- ♂ (180 bytes) () 04/12/2008 postreply 21:13:05