AMT and home sale?

[massfish]

Does anyone have a resource for how home sale capital gains excluded from taxes, $250k, interact with the alternative minimum tax?

[fabdog]

unless your house had a different basis for AMT than regular taxes, there is no "add back" for AMT purposes. Unless it was a rental and you used non standard depreciation (not likely) Read the instructions for form 6251

https://www.irs.gov/pub/irs-pdf/i6251.pdf

Mike

[massfish]

Thanks