Amt Capital Gains Worksheet. Under a worksheet in which you calculate your AMT liability, you'll go through several calculations that effectively determine how much of your long-term capital gains are subject to tax at which. We knew that would get your attention.
Distributions of net realized short-term capital gains aren't treated as capital gains.
There are short-term capital gains and long-term capital gains and each is taxed at different rates.
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Capital gains worksheet for XYZ stock # shares. That could cause the AMT to kick in, which means you may not be able to deduct state income taxes you paid. Your AMT liability can be offset by any nonrefundable personal credits, such as the HOPE and Lifetime learning education credits and the adoption, child, and saver's credits.
