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T1 tax calculations
400 Alternative minimum tax
  Incorrect 2003 AMT calculation |
| Program(s) affected: |
T1 |
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Document created: |
April 19, 2005 |
| Tax year(s): |
2003 |
Document last modified: |
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| Version(s): |
8.22 |
Problem status: |
Pending |
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When calculating the amount on line 35 of the AMT schedule (TP-776.42)
in 2003, why does DT Max not take into account the alternative minimum tax carried
forward to 2003 (line 33) for Quebec?
Indeed, DT Max does ignore the amount from line 33 when calculating
the amount on line 35.
As a workaround, use the keyword Override to enter the appropriate
amount on line 36 of form TP-776.42.
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