1040 X Amended U.S. Individual Income Tax Return

Caution: DRAFT FORM
This is an advance proof copy of an IRS tax form.
It is subject to change and OMB approval before it
is officially released. You can check the scheduled
release date on our web site (www.irs.gov).
If you have any comments on this draft form, you can
submit them to us on our web site. Include the word
DRAFT in your response. You may make comments
anonymously, or you may include your name and
e-mail address or phone number. We will be unable
to respond to all comments due to the high volume
we receive. However, we will carefully consider
each suggestion. So that we can properly consider
your comments, please send them to us within 30
days from the date the draft was posted.

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Form

I.R.S. SPECIFICATIONS
TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
FORM 6251, PAGE 1 of 2.
MARGINS: TOP 13 mm (1⁄ 2 "), CENTER SIDES.
PRINTS: HEAD TO HEAD
PAPER: WHITE, WRITING, SUB. 20
INK: BLACK
FLAT SIZE: 203 mm (8") 3 279 mm (11")
PERFORATE: (NONE)
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

6251

Department of the Treasury
Internal Revenue Service (99)

Name(s) shown on Form 1040

Part I
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OMB No. 1545-0074

Alternative Minimum Tax—Individuals
©

Signature

Revised proofs
requested

2006

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See separate instructions.

Attachment
Sequence No.

Attach to Form 1040 or Form 1040NR.

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Your social security number

Alternative Minimum Taxable Income (See instructions for how to complete each line.)

If Form 1040, line 38, is over $150,500 (over $75,250 if married filing separately), enter the amount from
line 11 of the Itemized Deductions Worksheet on page A-6 of the Instructions for Schedule A (Form 1040)
Tax refund from Form 1040, line 10 or line 21
Investment interest expense (difference between regular tax and AMT)
Depletion (difference between regular tax and AMT)
Net operating loss deduction from Form 1040, line 21. Enter as a positive amount
Interest from specified private activity bonds exempt from the regular tax
Qualified small business stock (7% of gain excluded under section 1202)
Exercise of incentive stock options (excess of AMT income over regular tax income)
Estates and trusts (amount from Schedule K-1 (Form 1041), box 12, code A)
Electing large partnerships (amount from Schedule K-1 (Form 1065-B), box 6)
Disposition of property (difference between AMT and regular tax gain or loss)
Depreciation on assets placed in service after 1986 (difference between regular tax and AMT)
Passive activities (difference between AMT and regular tax income or loss)
Loss limitations (difference between AMT and regular tax income or loss)
Circulation costs (difference between regular tax and AMT)
Long-term contracts (difference between AMT and regular tax income)
Mining costs (difference between regular tax and AMT)
Research and experimental costs (difference between regular tax and AMT)
Income from certain installment sales before January 1, 1987
Intangible drilling costs preference
Other adjustments, including income-based related adjustments
Alternative tax net operating loss deduction
Alternative minimum taxable income. Combine lines 1 through 27. (If married filing separately and line
28 is more than $200,100, see page 7 of the instructions.)

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28

Alternative Minimum Tax

Exemption. (If this form is for a child under age 18, see page 7 of the instructions.)
IF your filing status is . . .
AND line 28 is not over . . .
THEN enter on line 29 . . .
Single or head of household
$112,500
$42,500
Married filing jointly or qualifying widow(er)
150,000
62,550
Married filing separately
75,000
31,275
If line 28 is over the amount shown above for your filing status, see page 7 of the instructions.
Subtract line 29 from line 28. If more than zero or you are filing Form 2555 or 2555-EZ, go to line 31. If zero or
less and you are not filing Form 2555 or 2555-EZ, enter -0- on lines 33 and 35 and skip the rest of Part II

%

30

Date

O.K. to print

If filing Schedule A (Form 1040), enter the amount from Form 1040, line 41 (minus any amount on Form
8914, line 6), and go to line 2. Otherwise, enter the amount from Form 1040, line 38 (minus any amount
on Form 8914, line 6), and go to line 7. (If less than zero, enter as a negative amount.)
Medical and dental. Enter the smaller of Schedule A (Form 1040), line 4, or 21⁄ 2 % of Form 1040, line 38
Taxes from Schedule A (Form 1040), line 9
Enter the home mortgage interest adjustment, if any, from line 6 of the worksheet on page 2 of the instructions
Miscellaneous deductions from Schedule A (Form 1040), line 26

Part II
29

Action

● If you are filing Form 2555 or 2555-EZ, see page 8 of the instructions for the amount to enter.
● If you reported capital gain distributions directly on Form 1040, line 13; you reported qualified dividends
on Form 1040, line 9b; or you had a gain on both lines 15 and 16 of Schedule D (Form 1040) (as refigured
for the AMT, if necessary), complete Part III on the back and enter the amount from line 55 here.
● All others: If line 30 is $175,000 or less ($87,500 or less if married filing separately), multiply line 30 by 26% (.26).
Otherwise, multiply line 30 by 28% (.28) and subtract $3,500 ($1,750 if married filing separately) from the result.
Alternative minimum tax foreign tax credit (see page 7 of the instructions)
Tentative minimum tax. Subtract line 32 from line 31

%

Tax from Form 1040, line 44 (minus any tax from Form 4972 and any foreign tax credit from Form 1040,
line 47). If you used Schedule J to figure your tax, the amount for line 44 of Form 1040 must be refigured
without using Schedule J (see page 9 of the instructions)
Alternative minimum tax. Subtract line 34 from line 33. If zero or less, enter -0-. Enter here and on
Form 1040, line 45

For Paperwork Reduction Act Notice, see page 9 of the instructions.

Cat. No. 13600G

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Form

6251

(2006)

4
I.R.S. SPECIFICATIONS
TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
FORM 6251, PAGE 2 of 2.
MARGINS: TOP 13 mm (1⁄ 2 "), CENTER SIDES.
PRINTS: HEAD TO HEAD
PAPER: WHITE, WRITING, SUB. 20
INK: BLACK
FLAT SIZE: 203 mm (8") 3 279 mm (11")
PERFORATE: (NONE)
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

Form 6251 (2006)

Part III

Page

Tax Computation Using Maximum Capital Gains Rates

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36

36

Enter the amount from Form 6251, line 30

37

Enter the amount from line 6 of the Qualified Dividends and Capital Gain Tax
Worksheet in the instructions for Form 1040, line 44, or the amount from line
13 of the Schedule D Tax Worksheet on page D-9 of the instructions for
Schedule D (Form 1040), whichever applies (as refigured for the AMT, if
necessary) (see page 9 of the instructions)

37

Enter the amount from Schedule D (Form 1040), line 19 (as refigured for the
AMT, if necessary) (see page 9 of the instructions)

38

If you did not complete a Schedule D Tax Worksheet for the regular tax or
the AMT, enter the amount from line 37. Otherwise, add lines 37 and 38, and
enter the smaller of that result or the amount from line 10 of the Schedule
D Tax Worksheet (as refigured for the AMT, if necessary)

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38
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40

40

Enter the smaller of line 36 or line 39

41

Subtract line 40 from line 36

42

If line 41 is $175,000 or less ($87,500 or less if married filing separately), multiply line 41 by 26% (.26).
Otherwise, multiply line 41 by 28% (.28) and subtract $3,500 ($1,750 if married filing separately) from the
©
result
Enter:
● $61,300 if married filing jointly or qualifying widow(er),
43
● $30,650 if single or married filing separately, or

43

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42

%

● $41,050 if head of household.

Enter the amount from line 7 of the Qualified Dividends and Capital Gain Tax
Worksheet in the instructions for Form 1040, line 44, or the amount from line
14 of the Schedule D Tax Worksheet on page D-9 of the instructions for
Schedule D (Form 1040), whichever applies (as figured for the regular tax). If
you did not complete either worksheet for the regular tax, enter -0-

44

45

Subtract line 44 from line 43. If zero or less, enter -0-

45

46

Enter the smaller of line 36 or line 37

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47

Enter the smaller of line 45 or line 46

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48

Multiply line 47 by 5% (.05)

49

Subtract line 47 from line 46

50

Multiply line 49 by 15% (.15)

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49

If line 38 is zero or blank, skip lines 51 and 52 and go to line 53. Otherwise, go to line 51.
51

51

Subtract line 46 from line 40

52

Multiply line 51 by 25% (.25)

53

Add lines 42, 48, 50, and 52

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54

If line 36 is $175,000 or less ($87,500 or less if married filing separately), multiply line 36 by 26% (.26).
Otherwise, multiply line 36 by 28% (.28) and subtract $3,500 ($1,750 if married filing separately) from the
result

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Enter the smaller of line 53 or line 54 here and on line 31

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Form

Printed on recycled paper

6251

(2006)

Caution: DRAFT FORM
This is an advance proof copy of an IRS tax form.
It is subject to change and OMB approval before it
is officially released. You can check the scheduled
release date on our web site (www.irs.gov).
If you have any comments on this draft form, you can
submit them to us on our web site. Include the word
DRAFT in your response. You may make comments
anonymously, or you may include your name and
e-mail address or phone number. We will be unable
to respond to all comments due to the high volume
we receive. However, we will carefully consider
each suggestion. So that we can properly consider
your comments, please send them to us within 30
days from the date the draft was posted.

PAGER/SGML

Userid: SD_8MZHB DTD I1040AZ04
Fileid: D6251.SGM (22-Sep-2006)

Leading adjust: 0%

Page 1 of 2 of 2006 Instructions for Form 6251

❏

Draft
(Init. & date)

❏

Ok to Print

13:23 - 22-SEP-2006

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Department of the Treasury
Internal Revenue Service

2006 Instructions for Form 6251
Draft
Worksheet

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2006 Instructions for
Form 6251 Draft
Worksheet

This draft worksheet from the Instructions
for Form 6251, for tax year 2006, is only
available on the Internet. Since it is a draft,
it is subject to change. If this worksheet is
revised, it will be reposted only if there is a
change in the computation. When the final
version of the Instructions for Form 6251
becomes available, this draft will be removed.
Form 6251 is used to figure the amount,
if any, of your alternative minimum tax
(AMT). If you claim the foreign earned in-

come exclusion or the housing exclusion on
Form 2555 or 2555-EZ, you must use the
Foreign Earned Income Tax Worksheet to
figure the amount to enter on Form 6251,
line 31.

Comments and suggestions. We welcome

your comments about these worksheets.

You can write to us at the following address:
Internal Revenue Service
Individual Forms and Publications
Branch
SE:W:CAR:MP:T:I
1111 Constitution Ave. NW, IR-6406
Washington, DC 20224

-1
Cat. No. 64277

We respond to many letters by telephone. Therefore, it would be helpful if you
would include your daytime phone number,
including the area code, in your correspondence.
You can email us at *[email protected].
(The asterisk must be included in the address.) Please put “Instructions Comment”
on the subject line. Although we cannot respond individually to each email, we do appreciate your feedback and will consider
your comments as we revise our tax products.

Page 2 of 2 of 2006 Instructions for Form 6251

13:23 - 22-SEP-2006

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Foreign Earned Income Tax Worksheet —Line 31
1.
2.
3.
4.
5.
6.
7.
8.

9.

10.

Keep for Your Records

Enter the amount from Form 6251, line 28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.
Enter the amount from Form 6251, line 29 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.
Subtract line 2 from line 1. If less than zero, enter as a negative amount . . . . . . . . . . . . . . . . . . 3.
Enter the amount from your (and your spouse’s if filing jointly) Form 2555, line 45,
or Form 2555-EZ, line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.
Enter the total amount of any itemized deductions you could not claim because they
are related to excluded income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.
Subtract line 5 from line 4. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . .
6.
Combine line 3 and line 6. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.
Tax on amount on line 7.
• If you reported capital gain distributions directly on Form 1040, line 13; you reported
qualified dividends on Form 1040, line 9b; or you had a gain on both lines 15 and 16 of Schedule D
(Form 1040) (as refigured for the AMT, if necessary), enter the amount from line 7 of this
worksheet on Form 6251, line 36. Then complete the rest of Part III of Form 6251 and enter the
8.
amount from line 55 here.
• All others: If line 7 is $175,000 or less ($87,500 or less if married filing separately), multiply
line 7 by 26% (.26). Otherwise, multiply line 7 by 28% (.28) and subtract $3,500 ($1,750 if married
filing separately) from the result. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Tax on amount on line 6. If line 6 is $175,000 or less ($87,500 or less if married filing separately), multiply
line 6 by 26% (.26). Otherwise, multiply line 6 by 28% (.28) and subtract $3,500 ($1,750 if married filing
separately) from the result . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.
Subtract line 9 from line 8. Enter here and on Form 6251, line 31. If zero or less, enter -0- . . . . . . . . . . . . 10.

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