Prior Year AMT

[Snaggletooth]

Anyone know how the new 1040 handles prior year AMT refund?

For years this used to be in the "credits" section.

Last year was better, they made it a refundable credit, in the "payments" section.

I don't see it anywhere on the 2008 return. Is it buried under some other form?

[TAXBILLY]

Anyone know how the new 1040 handles prior year AMT refund?

For years this used to be in the "credits" section.

Last year was better, they made it a refundable credit, in the "payments" section.

I don't see it anywhere on the 2008 return. Is it buried under some other form?

Line 54 per the instructions.
taxbilly

[Snaggletooth]

Yes

Yes thank you. No longer a "refundable" credit, but a credit to the extent available.