U.S. Individual Income Tax Return Forms

U.S. Individual Income Tax Return

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U.S. Individual Income Tax Return Forms

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2024

Instructions for Form 6251
Alternative Minimum Tax—Individuals

TREASURY/IRS
AND OMB USE
ONLY DRAFT
November 13, 2024
Section references are to the Internal Revenue Code unless
otherwise noted.

General Instructions

Future Developments

For the latest information about developments related to
Form 6251 and its instructions, such as legislation enacted
after they were published, go to
IRS.gov/Form6251.

What's New

Exemption amount. The exemption amount on Form 6251,
line 5, has increased to $85,700 ($133,300 if married filing
jointly or qualifying surviving spouse; $66,650 if married filing
separately).
Also, the amount used to determine the phaseout of your
exemption has increased to $609,350 ($1,218,700 if married
filing jointly or qualifying surviving spouse).
AMT tax brackets. For 2024, for non-corporate taxpayers,
the 26% tax rate applies to the first $232,600 ($116,300 if
married filing separately) of taxable excess (the amount on
line 6). This change is reflected on lines 7, 18, and 39.

Who Must File

Attach Form 6251 to your return if any of the following
statements are true.
1. Form 6251, line 7, is greater than line 10.
2. You claim any general business credit, and either line 6
(in Part I) of Form 3800 or line 25 of Form 3800 is more than
zero.
3. You claim the qualified electric vehicle credit (Form
8834), the personal-use part of the alternative fuel vehicle
refueling property credit (Form 8911), or the credit for prior
year minimum tax (Form 8801).
4. The total of Form 6251, lines 2c through 3, is negative
and line 7 would be greater than line 10 if you didn’t take into
account lines 2c through 3.

Purpose of Form

Use Form 6251 to figure the amount, if any, of your alternative
minimum tax (AMT). The AMT is a separate tax that is
imposed in addition to your regular tax. It applies to taxpayers
who have certain types of income that receive favorable
treatment, or who qualify for certain deductions, under the tax
law. These tax benefits can significantly reduce the regular
tax of some taxpayers with higher economic incomes. The
AMT sets a limit on the amount these benefits can be used to
reduce total tax.
Also use Form 6251 to figure your tentative minimum tax
(Form 6251, line 9). You may need to know that amount to
figure the tax liability limit on the credits listed under Who
Must File, earlier.

Nov 13, 2024

Figuring AMT Amounts

For the AMT, certain items of income, deductions, etc.,
receive different tax treatment than for the regular tax.
Therefore, you will need to figure items for the AMT differently
from how you figured them for the regular tax. These
instructions will help you figure AMT items by using the
amount you figured for the regular tax and refiguring it for the
AMT. In some cases, it is easiest to refigure an item for AMT
by completing a tax form or worksheet a second time using
additional AMT instructions. These instructions refer to such
a form or worksheet as an “AMT” version. If you do complete
an AMT version of a form or worksheet, don’t attach it to your
tax return unless instructed to do so. For example, you may
have to attach an AMT Form 1116, Foreign Tax Credit, to
your return; see Line 8, later.
As you figure some deductions and credits for the AMT,
carrybacks or carryforwards to other tax years may be
different from what you figured for the regular tax. Examples
are investment interest expense, a net operating loss (NOL),
a capital loss, a passive activity loss, and the foreign tax
credit. Your at-risk limits and basis amounts may also differ
for the AMT.

Recordkeeping

You must keep records to support items reported on Form
6251 in case the IRS has questions about them. If the IRS
examines your tax return, you may be asked to explain the
items reported. Good records will help you explain any item
and arrive at the correct AMT.
Keep records that show how you figured income,
deductions, etc., for the AMT. Also keep records of any items
that you used to figure the AMT that differ from what you
used to figure the regular tax. For example, you will need to
separately figure and track certain carrybacks, carryforwards,
basis amounts, depreciation, and loss limitation amounts that
differ between the AMT and the regular tax.
If you refigure an item for AMT by completing an AMT
version of a form or worksheet, keep a copy of that AMT form
or worksheet for your records.

Partners and Shareholders

If you are a partner in a partnership or a shareholder in an S
corporation, see Schedule K-1 and its instructions to figure
your adjustments or preferences from the partnership or S
corporation to include on Form 6251.

Nonresident Aliens

If you are a nonresident alien and you disposed of U.S. real
property interests at a gain, you must make a special
computation. Fill in Form 6251 through line 6. If your net gain
from the disposition of U.S. real property interests and the
amount on line 4 are both greater than the tentative amount
you figured for line 6, replace the amount on line 6 with the
smaller of that net gain or the amount on line 4. Also enter
“RPI” on the dotted line next to line 6. Otherwise, don’t
change line 6.

Instructions for Form 6251 (2024) Catalog Number 64277P
Department of the Treasury Internal Revenue Service www.irs.gov

Credit for Prior Year Minimum Tax

See Form 8801, Credit for Prior Year Minimum
Tax—Individuals, Estates, and Trusts, if you paid AMT for
2023 or you had a minimum tax credit carryforward on your
2023 Form 8801. If you pay AMT for 2024, you may be able
to take a credit on Form 8801 for 2025.

Optional Write-off for Certain
Expenditures

federally declared disaster area, then enter zero on line 2a
and go to line 2b. You will include the amount of the standard
deduction (before it was increased by any net qualified
disaster loss) on line 3.
Form 1040-NR. If you are filing Form 1040-NR, enter the
amount of all taxes from Schedule A (Form 1040-NR),
line 1b, plus any foreign income taxes you are deducting on
Schedule A (instead of claiming a credit on Form 1116).
Don’t include any generation-skipping transfer taxes on
income distributions.

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There is no AMT adjustment for the following items if you
elect for the regular tax to deduct them ratably over the
period of time shown.
• Circulation expenditures—3 years (section 173).
• Research and experimental expenditures—10 years
(section 174(a)).
• Mining exploration and development costs—10 years
(sections 616(a) and 617(a)).
• Intangible drilling costs—60 months (section 263(c)).

For information on making the election, see section 59(e)
and Regulations section 1.59-1.

Specific Instructions

If you owe AMT, you may be able to lower your total

TIP tax (regular tax plus AMT) by claiming itemized

deductions on Form 1040 or 1040-SR, even if your
total itemized deductions are less than the standard
deduction. This is because the standard deduction isn’t
allowed for the AMT and, if you claim the standard deduction
on Form 1040 or 1040-SR, you can’t claim itemized
deductions for the AMT.

Part I—Alternative Minimum Taxable
Income (AMTI)
To avoid duplication, any adjustment or preference
for line 2m or 2n or for a tax shelter farm activity on
CAUTION line 3 must not be taken into account in figuring the
amount to enter for any other adjustment or preference.

!

Line 1

If Form 1040 or 1040-SR, line 15, is zero and includes a
write-in amount (such as a capital construction fund
deduction for commercial fishermen), subtract the write-in
amount and line 14 of Form 1040 or 1040-SR from line 11 of
Form 1040 or 1040-SR before entering the result on line 1.

Form 1040-NR. If you are filing Form 1040-NR, enter the
amount from Form 1040-NR, line 15. If Form 1040-NR,
line 15, is zero, subtract line 14 from line 11 of Form 1040-NR
and enter the result. If less than zero, enter as a negative
amount.

Line 2a—Taxes

Enter the amount of all taxes from Schedule A (Form 1040),
line 7, except any generation-skipping transfer taxes on
income distributions.
If you aren’t filing Schedule A (Form 1040), then enter the
standard deduction amount that you reported on Form 1040
or 1040-SR, line 12.
Net qualified disaster loss. If you filed Schedule A just to
claim an increased standard deduction on Form 1040 or
1040-SR due to a loss you suffered related to property in a
2

Line 2b—Refund of Taxes

Include any refund from Schedule 1 (Form 1040), line 1, that
is attributable to state or local income taxes. Also include any
refunds received in 2024 and included in income on
Schedule 1 (Form 1040), line 8z, that are attributable to state
or local personal property taxes or general sales taxes;
foreign income taxes; or state, local, or foreign real property
taxes. Enter the total as a negative amount. If you include an
amount from Schedule 1 (Form 1040), line 8z, you must enter
a description and the amount next to the entry space for
line 2b. For example, if you include a refund of real property
taxes, enter “real property” and the amount next to the entry
space.

Line 2c—Investment Interest

If you filled out Form 4952, Investment Interest Expense
Deduction, for your regular tax, you will need to fill out a
second Form 4952 for the AMT as follows.

Step 1. Follow the Form 4952 instructions for line 1, but,
when completing line 1, also include any interest that would
have been deductible if tax-exempt interest on private activity
bonds were includible in gross income.
Step 2. Enter your AMT disallowed investment interest
expense from 2023 on line 2. Complete line 3.

Step 3. When completing Part II, refigure the following
amounts, taking into account all adjustments and
preferences.
• Gross income from property held for investment.
• Net gain from the disposition of property held for
investment.
• Net capital gain from the disposition of property held for
investment.
• Investment expenses.
Include on line 4a any tax-exempt interest income from
private activity bonds that must be included on Form 6251,
line 2g. If you have any investment expenses that would have
been deductible if the interest on the bonds were includible in
gross income for the regular tax, you can use them to reduce
the amount on line 4a or include them on line 5.
On line 4g, enter the smaller of:
1. The amount from line 4g of your regular tax Form
4952, or
2. The total of lines 4b and 4e of this AMT Form 4952.
Step 4. Complete Part III.
Enter on Form 6251, line 2c, the difference between line 8
of your AMT Form 4952 and line 8 of your regular tax Form
4952. If your AMT expense is greater, enter the difference as
a negative amount.
Investment interest expense that isn’t an itemized deduction. If you didn’t itemize deductions and you had
Instructions for Form 6251 (2024)

investment interest expense, don’t enter an amount on Form
6251, line 2c, unless you reported investment interest
expense on Schedule E (Form 1040), Supplemental Income
and Loss. If you did, follow the steps above for completing
Form 4952. Allocate the investment interest expense allowed
on line 8 of the AMT Form 4952 in the same way you did for
the regular tax. Enter on Form 6251, line 2c, the difference
between the amount allowed on Schedule E for the regular
tax and the amount allowed on Schedule E for the AMT.

years under section 172(b)(1)(H). Therefore, if an ATNOL
that is carried back or carried forward to the tax year is
attributable to any of those losses, the ATNOLD for the tax
year is limited to the sum of:
1. The smaller of:
a. The sum of the ATNOL carrybacks and carryforwards
to the tax year attributable to NOLs other than those losses
described in (2a) below, or
b. 90% of AMTI for the tax year (figured without regard to
the ATNOLD); plus
2. The smaller of:
a. The sum of the ATNOL carrybacks and carryforwards
to the tax year attributable to qualified disaster losses,
qualified Gulf Opportunity Zone losses, qualified recovery
assistance losses, qualified disaster recovery assistance
losses, and any 2008 or 2009 loss that you elected to carry
back more than 2 years under section 172(b)(1)(H), or
b. 100% of AMTI for the tax year (figured without regard
to the ATNOLD) reduced by the amount determined under
(1).

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Line 2d—Depletion

Refigure your depletion deduction for the AMT. To do so, use
only income and deductions allowed for the AMT when
refiguring the limit based on taxable income from the property
under section 613(a) and the limit based on taxable income,
with certain adjustments, under section 613A(d)(1). Also,
your depletion deduction for mines, wells, and other natural
deposits under section 611 is limited to the property's
adjusted basis at the end of the year, as refigured for the
AMT, unless you are an independent producer or royalty
owner claiming percentage depletion for oil and gas wells
under section 613A(c). Figure this limit separately for each
property. When refiguring the property's adjusted basis, take
into account any AMT adjustments you made this year or in
previous years that affect basis (other than current year
depletion).
Enter the difference between the regular tax and AMT
deduction. If the AMT deduction is more than the regular tax
deduction, enter the difference as a negative amount.

Line 2f—Alternative Tax Net Operating Loss
Deduction (ATNOLD)

The ATNOLD is the sum of the alternative tax net operating
loss (ATNOL) carrybacks and carryforwards to the tax year
subject to the limitation explained later. Figure your ATNOLD
as follows.

Your ATNOL for a loss year is the excess of the deductions
allowed for figuring AMTI (excluding the ATNOLD) over the
income included in AMTI. Figure this excess with the
modifications in section 172(d), taking into account your AMT
adjustments and preferences (that is, the section 172(d)
modifications must be separately figured for the ATNOL). For
example, the limitation of nonbusiness deductions to the
amount of nonbusiness income must be separately figured
for the ATNOL, using only nonbusiness income and
deductions that are included in AMTI.
Your ATNOLD may be limited. To figure the ATNOLD
limitation, you must first figure your AMTI without regard to
the ATNOLD. To do this, first figure a tentative amount for
line 2d by treating line 2f as if it were zero. Next, figure a
tentative total of lines 1 through 3 using the tentative line 2d
amount and treating line 2f as if it were zero. This is your
AMTI figured without regard to the ATNOLD. Your ATNOLD
is limited to 90% of the result.
However, the 90% limit doesn’t apply to an ATNOL that is
attributable to qualified disaster losses before December 19,
2004 (as defined in section 172(j)), qualified Gulf Opportunity
Zone losses (as defined in section 1400N(k)(2)), qualified
recovery assistance losses (as defined in Pub. 4492-A,
Information for Taxpayers Affected by the May 4, 2007,
Kansas Storms and Tornadoes), qualified disaster recovery
assistance losses (as defined in Pub. 4492-B, Information for
Affected Taxpayers in the Midwestern Disaster Areas), or a
2008 or 2009 loss that you elected to carry back more than 2
Instructions for Form 6251 (2024)

Enter on line 2f the smaller of the ATNOLD or the ATNOLD
limitation. Enter it as a negative amount.
An ATNOL that arose before your 2018 tax year may
generally be carried back 2 years or forward up to 20 years.
Any ATNOL arising after your 2020 tax year may generally be
carried forward indefinitely. For more information about
carryover periods and special rules for 2018 through 2020
losses, see Pub. 536.
The treatment of ATNOLs doesn’t affect your regular tax
NOL. However, if you elected under section 172(b)(3) to
forgo the carryback period for the regular tax, the election
also applies for the AMT.

Line 2g—Interest From Private Activity Bonds

Enter on line 2g interest income from “specified private
activity bonds” reduced (but not below zero) by any
deduction that would have been allowable if the interest were
includible in gross income for the regular tax. Each payer of
this type of interest should send you a Form 1099-INT
showing the amount of this interest in box 9.
Generally, the term “specified private activity bond” means
any private activity bond (as defined in section 141) the
interest on which isn’t includible in gross income for the
regular tax if the bond was issued after August 7, 1986. But
specified private activity bonds generally don’t include any
bonds issued in 2009 or 2010. See section 57(a)(5) for other
exceptions and more details.
Don’t include interest on qualified New York Liberty Bonds,
qualified Gulf Opportunity Zone bonds, qualified Midwestern
disaster area bonds, or qualified Hurricane Ike disaster area
bonds.
Exempt-interest dividends paid by a mutual fund or other
regulated investment company are treated as interest income
on specified private activity bonds to the extent the dividends
are attributable to interest on the bonds received by the
company, minus an allocable share of the expenses paid or
incurred by the company in earning the interest. This
specified private activity bond interest dividends amount
should be reported to you in box 13 of Form 1099-DIV.
If you are filing Form 8814, Parents' Election To Report
Child's Interest and Dividends, include on this line any
3

tax-exempt interest income from line 1b of that form that is a
preference item.

Line 2h—Qualified Small Business Stock

If you claimed the exclusion under section 1202 for gain on
qualified small business stock acquired before September
28, 2010, and held more than 5 years, multiply the excluded
gain (as shown on Form 8949 in column (g)) by 7% (0.07).
Enter the result on line 2h as a positive amount.

the AMT. Use this line to report any AMT adjustment resulting
from refiguring:
1. Gain or loss from the sale, exchange, or involuntary
conversion of property reported on Form 4797, Sales of
Business Property;
2. Casualty gain or loss to business or income-producing
property reported on Form 4684, Casualties and Thefts;
3. Ordinary income from the disposition of property not
already taken into account in (1) or (2) or on any other line on
Form 6251, such as a disqualifying disposition of stock
acquired in a prior year by exercising an incentive stock
option; and
4. Capital gain or loss (including any carryover that is
different for the AMT) reported on Form 8949, Sales and
Other Dispositions of Capital Assets, or Schedule D (Form
1040), Capital Gains and Losses.

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Line 2i—Exercise of Incentive Stock Options

For the regular tax, no income is recognized when an
incentive stock option (ISO), as defined in section 422(b), is
exercised. However, this rule doesn’t apply for the AMT.
Instead, you must generally include on line 2i the excess, if
any, of:
1. The fair market value (FMV) of the stock acquired
through exercise of the option (determined without regard to
any lapse restriction) when your rights in the acquired stock
first become transferable or when these rights are no longer
subject to a substantial risk of forfeiture; over
2. The amount you paid for the stock, including any
amount you paid for the ISO used to acquire the stock.

Even if your rights in the stock aren’t transferable and are
subject to a substantial risk of forfeiture, you may elect to
include in AMT income the excess of the stock's FMV
(determined without regard to any lapse restriction) over the
exercise price upon the transfer to you of the stock acquired
through exercise of the option. You must make the election by
the 30th day after the date of the transfer. See Pub. 525 for
more details.
If you acquired stock by exercising an ISO and you
disposed of that stock in the same year, the tax treatment
under the regular tax and the AMT is the same, and no
adjustment is required.

Increase your AMT basis in any stock acquired through
the exercise of an ISO by the amount of the adjustment. Keep
adequate records for both the AMT and regular tax so that
you can figure your adjustment. See the instructions for
line 2k.
Form 3921. If you received a Form 3921, it may help you
figure your adjustment.
Example. You exercised an ISO to acquire 100 shares of
stock in 2024. Your rights in the acquired stock first became
transferable on the date you exercised the ISO and weren’t
subject to a substantial risk of forfeiture. You didn’t pay
anything for the ISO. You didn’t sell the acquired stock during
2024. You received a Form 3921 that shows $10 in box 3 (the
exercise price you paid for each share), $25 in box 4 (the
FMV of each share on the exercise date), and 100 shares in
box 5 (the number of shares you acquired). To figure your
adjustment, multiply the amount in box 4, $25, by the 100
shares in box 5. The result is $2,500, the FMV of all the
shares. Then, multiply the amount in box 3, $10, by the 100
shares in box 5. The result is $1,000, the amount you paid for
all the shares. Your adjustment is $1,500 ($2,500 − $1,000).
Enter it on Form 6251, line 2i.

Line 2k—Disposition of Property

Your AMT gain or loss from the disposition of property may
be different from your gain or loss for the regular tax. This is
because the property may have a different adjusted basis for
4

First figure any ordinary income adjustment related to (3)
above. Then, refigure Form 4684, Form 4797, Form 8949,
and Schedule D for the AMT, if applicable, by taking into
account any adjustments you made this year or in previous
years that affect your basis or otherwise result in a different
amount for the AMT. When you refigure your gain or loss on
Form 8949 for AMT, the amount of gain you elected to defer
for regular tax purposes due to an investment in a qualified
opportunity fund may need to be adjusted on your AMT Form
8949. An adjustment may be required if the regular tax and
AMT adjusted basis of the property you sold prior to your
investment is different.

If you have a capital loss after refiguring Schedule D for
the AMT, apply the $3,000 capital loss limitation separately to
the AMT loss. Because the amount of your gains and losses
may be different for the AMT, the amount of any capital loss
carryover may also be different for the AMT. See the following
example. To figure your AMT capital loss carryover, fill out an
AMT Capital Loss Carryover Worksheet in the Schedule D
instructions.

For each of the four items listed earlier, figure the
difference between the amount included in taxable income
for the regular tax and the amount included in income for the
AMT. Include the difference as a negative amount on line 2k if
(a) both the AMT and regular tax amounts are zero or more
and the AMT amount is less than the regular tax amount; or
(b) the AMT amount is a loss, and the regular tax amount is a
smaller loss, or is zero or more.
Enter on line 2k the combined adjustments for the four
items listed earlier.
Example. On March 13, 2023, your filing status is single,
you paid $20,000 to exercise an ISO (which was granted to
you on January 3, 2022) to buy 200 shares of stock worth
$200,000. The $180,000 difference between your cost and
the value of the stock at the time you exercised the option
isn’t taxable for the regular tax. Your regular tax basis in the
stock at the end of 2023 is $20,000. For the AMT, however,
you must include the $180,000 as an adjustment on your
2023 Form 6251. Your AMT basis in the stock at the end of
2023 is $200,000.
On January 18, 2024, you sold 100 of the shares for
$75,000. Because you didn’t hold these shares more than 1
year, that sale is a disqualifying disposition. For the regular
tax, you have ordinary income of $65,000 ($75,000 minus
your $10,000 basis in the 100 shares). You have no capital
gain or loss for the regular tax resulting from the sale. For the
AMT, you have no ordinary income, but have a short-term
Instructions for Form 6251 (2024)

capital loss of $25,000 ($75,000 minus your $100,000 AMT
basis in the 100 shares).
On April 21, 2024, you sold the other 100 shares for
$60,000. Because you held the shares for more than 1 year
and more than 2 years had passed since the option was
granted to you, the sale isn’t a disqualifying disposition. For
the regular tax, you have a long-term capital gain of $50,000
($60,000 minus your regular tax basis of $10,000). For the
AMT, you have a long-term capital loss of $40,000 ($60,000
minus your AMT basis of $100,000).
You have no other sales of stock or other capital assets for
2024. You enter a total negative adjustment of $118,000 on
line 2k of your 2024 Form 6251, figured as follows.
• You figure a negative adjustment of $65,000 for the
difference between the $65,000 of regular tax ordinary
income and the $0 of AMT ordinary income for the first sale.
• For the regular tax, you have $50,000 capital gain net
income from the second sale. For the AMT, you have a
$25,000 short-term capital loss from the first sale, and a
$40,000 long-term capital loss from the second sale,
resulting in a net capital loss of $65,000 for the AMT.
However, only $3,000 of the $65,000 net capital loss is
allowed for 2024 for the AMT. The difference between the
regular tax gain of $50,000 and the $3,000 loss allowed for
the AMT results in a $53,000 negative adjustment to include
on line 2k.
You have an AMT capital loss carryover from 2024 to 2025
of $62,000, of which $22,000 is short term and $40,000 is
long term. If you have no other Form 8949 or Schedule D
transactions for 2025, your adjustment reported on your 2025
Form 6251 would be limited to ($3,000), the amount of your
capital loss limitation for 2025.

• Section 1250 property placed in service after 1998 that
isn’t depreciated for the regular tax using the straight line
method; and
• Tangible property placed in service after 1986 and before
1999. (If the transitional election was made under section
203(a)(1)(B) of the Tax Reform Act of 1986, this rule applies
to property placed in service after July 31, 1986.)

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Line 2l—Post-1986 Depreciation

To avoid duplication, any AMT adjustment or tax
preference item taken into account on this line
CAUTION shouldn’t be taken into account in figuring the amount
to enter on any other adjustment or tax preference item line of
this form.

!

This section describes when depreciation must be
refigured for the AMT and how to figure the amount to enter
on line 2l.
Don’t use line 2l for depreciation related to the following.

• Passive activities. Take this adjustment into account on

line 2m.
• An activity for which you aren’t at risk. Take this adjustment
into account on line 2n.
• Income or loss from a partnership or an S corporation if the
basis limitations apply. Take this adjustment into account on
line 2n.
• A tax shelter farm activity. Take this adjustment into
account on line 3.

What Depreciation Must Be Refigured for the
AMT?
Generally, you must refigure depreciation for the AMT,
including depreciation allocable to inventory costs, for:
• Property placed in service after 1998 that is depreciated
for the regular tax using the 200% declining balance method
(generally 3-, 5-, 7-, and 10-year property under the modified
accelerated cost recovery system (MACRS), except for
certain qualified property eligible for the special depreciation
allowance (discussed later));
Instructions for Form 6251 (2024)

What Depreciation Isn’t Refigured for the AMT?

Don’t refigure depreciation for the AMT for the following.
• Residential rental property placed in service after 1998.
• Nonresidential real property with a class life of 27.5 years
or more placed in service after 1998 that is depreciated for
the regular tax using the straight line method.
• Other section 1250 property placed in service after 1998
that is depreciated for the regular tax using the straight line
method.
• Property (other than section 1250 property) placed in
service after 1998 that is depreciated for the regular tax using
the 150% declining balance method or the straight line
method.
• Property for which you elected to use the alternative
depreciation system (ADS) of section 168(g) for the regular
tax.
• Qualified property that is or was eligible for a special
depreciation allowance if the depreciable basis of the
property is the same for the AMT and the regular tax. This
applies to any special depreciation allowance, including
those for disaster assistance property, reuse and recycling
property, cellulosic biofuel plant property, second generation
biofuel plant property, New York Liberty Zone property, Gulf
Opportunity Zone property, and Kansas disaster area
recovery assistance property. The special allowance is
deductible for the AMT, and no adjustment is required for any
depreciation figured on the remaining basis of the qualified
property because the depreciable basis of the property is the
same for the AMT and the regular tax. If you elected not to
have any special depreciation allowance apply, the property
may be subject to an AMT adjustment for depreciation if it
was placed in service before 2016. It isn’t subject to an AMT
adjustment for depreciation if it was placed in service after
2015.
• Any part of the cost of any property for which you elected
to take a section 179 expense deduction. The reduction to
the depreciable basis of section 179 property by the amount
of the section 179 expense deduction is the same for the
regular tax and the AMT.
• Motion picture films, videotapes, or sound recordings.
• Property depreciated under the unit-of-production method
or any other method not expressed in a term of years.
• Indian reservation property that meets the requirements of
section 168(j).
• A natural gas gathering line placed in service after April 11,
2005.

How Is Depreciation Refigured for the AMT?
Property placed in service before 1999. Refigure
depreciation for the AMT using ADS, with the same
convention used for the regular tax. See the following table
for the method and recovery period to use.

5

Property Placed in Service Before 1999
IF the property is...

THEN use the...

section 1250 property

straight line method over 40 years.

tangible property (other than
section 1250 property) depreciated
using straight line method for the
regular tax

straight line method over the
property's AMT class life.

any other tangible property

150% declining balance method,
switching to straight line method the
first tax year it gives a larger
deduction, over the property's AMT
class life.

Because the two adjustments above are from the passive
activity and aren’t allowed for the AMT, you must first reduce
the passive activity loss by those amounts. The result is a
passive activity loss for the AMT of $3,400. You then enter
this amount on the AMT Form 8582 and refigure the
allowable passive activity loss for the AMT.
The amount of any AMT passive activity loss that

TIP isn’t deductible and is carried forward is likely to differ

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Property placed in service after 1998. Use the same
convention and recovery period used for the regular tax. For
property other than section 1250 property, use the 150%
declining balance method, switching to straight line the first
tax year it gives a larger deduction. For section 1250
property, use the straight line method.

from the regular tax amount, if any. Therefore, keep
adequate records for both the AMT and regular tax.

Enter the difference between the amount that would be
reported for the activity on Schedule C, E, or F or Form 4835,
Farm Rental Income and Expenses, for the AMT and the
regular tax amount. If (a) the AMT loss is more than the
regular tax loss, (b) the AMT gain is less than the regular tax
gain, or (c) you have an AMT loss and a regular tax gain,
enter the adjustment as a negative amount.

Enter any adjustment for amounts reported on Form 8949,
Schedule D, Form 4684, or Form 4797, for the activity on
line 2k instead of line 2m. See the instructions for line 2k.

How Is the AMT Class Life Determined?

Publicly Traded Partnership (PTP)

The class life used for the AMT isn’t necessarily the same as
the recovery period used for the regular tax. The class lives
for the AMT are listed in Rev. Proc. 87-56, 1987-2 C.B. 674,
and in Pub. 946, How To Depreciate Property. Use 12 years
for any tangible personal property not assigned a class life.

If you had a loss from a PTP, refigure the loss using any AMT
adjustments and preferences and any AMT prior year
unallowed loss.

See Pub. 946 for tables that can be used to figure
TIP AMT depreciation. Rev. Proc. 89-15, 1989-1 C.B.
816, has special rules for short years and for property
disposed of before the end of the recovery period.

How Is the Adjustment Figured?
Subtract the AMT deduction for depreciation from the regular
tax deduction and enter the result. If the AMT deduction is
more than the regular tax deduction, enter the difference as a
negative amount.
In addition to the AMT adjustment to your deduction for
depreciation, also adjust the amount of depreciation that was
capitalized, if any, to account for the difference between the
rules for the regular tax and the AMT. Include on this line the
current year adjustment to taxable income, if any, resulting
from the difference.

Line 2m—Passive Activities

Refigure your passive activity gains and losses for the AMT
by taking into account all adjustments and preferences and
any AMT prior year unallowed losses that apply to that
activity. You may fill out an AMT Form 8582, Passive Activity
Loss Limitations, and AMT versions of the other forms or
schedules on which your passive activities are reported, to
determine your passive activity loss allowed for the AMT, but
don’t file the AMT versions of these forms and schedules with
your tax return. Instead, keep them with your records.
Example. You are a partner in a partnership and the
Schedule K-1 (Form 1065) you received shows the following.
• A passive activity loss of $4,125.
• A depreciation adjustment of $500 on post-1986 property.
• An adjustment of $225 on the disposition of property.
6

Tax Shelter Passive Farm Activities

Refigure any gain or loss from a tax shelter passive farm
activity taking into account all AMT adjustments and
preferences and any AMT prior year unallowed losses. If the
amount is a gain, include it on the AMT Form 8582. If the
amount is a loss, don’t include it on the AMT Form 8582.
Carry the loss forward to 2025 to see if you have a gain or
loss from tax shelter passive farm activities for 2025.

Insolvency
If at the end of the tax year your liabilities exceed the FMV of
your assets, increase your passive activity loss allowed by
that excess (but not by more than your total loss). See
section 58(c)(1).

Line 2n—Loss Limitations
To avoid duplication, any AMT adjustment or tax
preference item taken into account on this line
CAUTION shouldn’t be taken into account in figuring the amount
to enter on any other adjustment or tax preference item line of
this form.

!

For passive activities, see the line 2m instructions instead.
For tax shelter farm activities (that aren’t passive), see the
line 3 instructions.
Refigure your gains and losses from activities for which
you aren’t at risk and basis limitations applicable to
partnerships and S corporations by taking into account all
AMT adjustments and preferences that apply. See sections
59(h), 465, 704(d), and 1366(d).
Enter the difference between the amount that would be
reported for the activity on Schedule C, E, or F or Form 4835
for the AMT and the regular tax amount. If (a) the AMT loss is
more than the regular tax loss, (b) the AMT gain is less than
Instructions for Form 6251 (2024)

the regular tax gain, or (c) you have an AMT loss and a
regular tax gain, enter the adjustment as a negative amount.
The AMT amount of any gain or loss from activities

TIP for which you aren’t at risk is likely to differ from the

regular tax amount. Your AMT basis in partnerships
and S corporations is also likely to differ from your regular tax
basis. Therefore, keep adequate records for both the AMT
and regular tax.

Mining exploration and development costs deducted in full
for the regular tax in the tax year they were paid or incurred
must be capitalized and amortized over 10 years for the AMT.
Enter the difference between the regular tax and AMT
deduction. If the AMT deduction is more than the regular tax
deduction, enter the difference as a negative amount.
If you had a loss on property for which mining costs
haven’t been fully amortized for the AMT, your AMT
deduction is the smaller of (a) the loss allowable for the costs
had they remained capitalized, or (b) the remaining costs to
be amortized for the AMT.

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Enter any adjustment for amounts reported on Form 8949,
Schedule D, Form 4684, or Form 4797, for the activity on
line 2k instead of line 2n.

Line 2o—Circulation Costs

!

CAUTION

Don’t make this adjustment for costs for which you
elected the optional 3-year write-off for the regular
tax.

Circulation costs (expenditures to establish, maintain, or
increase the circulation of a newspaper, magazine, or other
periodical) deducted in full for the regular tax in the year they
were paid or incurred must be capitalized and amortized over
3 years for the AMT. Enter the difference between the regular
tax and AMT deduction. If the AMT deduction is more than
the regular tax deduction, enter the difference as a negative
amount.
If you had a loss on property for which circulation costs
haven’t been fully amortized for the AMT, your AMT
deduction is the smaller of (a) the loss allowable for the costs
had they remained capitalized, or (b) the remaining costs to
be amortized for the AMT.

Line 2p—Long-Term Contracts

To avoid duplication, any AMT adjustment or tax
preference item taken into account on this line
CAUTION shouldn’t be taken into account in figuring the amount
to enter on any other adjustment or tax preference item line of
this form.

!

For the AMT, you must generally use the
percentage-of-completion method described in section
460(b) to determine your income from any long-term contract
(defined in section 460(f)). However, this rule doesn’t apply to
any home construction contract (as defined in section 460(e)
(5). For contracts excepted from the
percentage-of-completion method for the regular tax by
section 460(e)(1), use the simplified procedures for allocating
costs outlined in section 460(b)(3) to determine the
percentage of completion.
Enter the difference between the AMT and regular tax
income. If the AMT income is smaller, enter the difference as
a negative amount.
Note. If you are required to use the
percentage-of-completion method for either the regular tax or
the AMT, you may owe or be entitled to a refund of interest for
the tax year the contract is completed or adjusted. For
details, see Form 8697, Interest Computation Under the
Look-Back Method for Completed Long-Term Contracts.

Line 2q—Mining Costs

!

CAUTION

Don’t make this adjustment for costs for which you
elected the optional 10-year write-off for the regular
tax.

Instructions for Form 6251 (2024)

Line 2r—Research and Experimental Costs

Don’t make this adjustment for costs paid or incurred
in connection with an activity in which you materially
CAUTION participated under the passive activity rules or for
costs for which you elected the optional 10-year write-off for
research and experimental costs under section 59(e) for
regular tax purposes.

!

Research and experimental costs deducted under section
174(a) for regular tax purposes generally must be amortized
for AMT purposes over 10 years beginning with the year the
costs were paid or incurred.
Enter the difference between the amount allowed for AMT
purposes and the amount allowed for regular tax purposes. If
the amount for AMT purposes exceeds the amount allowed
for regular tax purposes, enter the difference as a negative
amount.
If you had a loss on property for which research and
experimental costs haven’t been fully amortized for the AMT,
the AMT deduction is the smaller of (a) the loss allowable for
the costs had they remained capitalized, or (b) the remaining
costs to be amortized for the AMT.

Line 2s—Installment Sales

The installment method doesn’t apply for the AMT to any
nondealer disposition of property after August 16, 1986, but
before January 1, 1987, if an installment obligation to which
the proportionate disallowance rule applied arose from the
disposition. Enter the amount of installment sale income
reported for the regular tax as a negative amount on line 2s.

Line 2t—Intangible Drilling Costs (IDCs)

!

CAUTION

Don’t make this adjustment for costs for which you
elected the optional 60-month write-off for the regular
tax.

IDCs from oil, gas, and geothermal wells are a preference
to the extent that the excess IDCs are more than 65% of the
net income from the wells. Figure the preference for all oil and
gas properties separately from the preference for all
geothermal properties.
Excess IDCs. Figure excess IDCs as follows.
Step 1. Determine the amount of your IDCs allowed for
the regular tax under section 263(c), but don’t include any
section 263(c) deduction for nonproductive wells.
Step 2. Subtract from the amount determined in Step 1
the amount that would have been allowed had you amortized
these IDCs over a 120-month period starting with the month
the well was placed in production. If you prefer not to use the
120-month period, you can elect to use any method that is
permissible in determining cost depletion.
7

Net income. Determine net income by reducing the gross
income that you received or accrued during the tax year from
all oil, gas, and geothermal wells by the deductions allocable
to those wells (reduced by the excess IDCs). When refiguring
net income, use only income and deductions allowed for the
AMT.
Exception. The preference for IDCs from oil and gas wells
doesn’t apply to taxpayers who are independent producers
(that is, not integrated oil companies as defined in section
291(b)(4)). However, this benefit may be limited. First, figure
the IDC preference as if this exception didn’t apply. Then, for
purposes of this exception, complete Form 6251 through
line 3, including the IDC preference and treating line 2f as if it
were zero, and combine lines 1 through 3. If the amount of
the IDC preference exceeds 40% of the total of lines 1
through 3 (figured as described in the preceding sentence),
enter the excess on line 2t (your benefit from this exception is
limited). Otherwise, don’t enter an amount on line 2t (your
benefit from this exception isn’t limited).

isn’t a passive activity. If the activity is passive, you must
include it with your other passive activities on line 2m.
Refigure all gains and losses you reported for the regular
tax from tax shelter farm activities by taking into account any
AMT adjustments and preferences. Determine your tax
shelter farm activity gain or loss for the AMT using the same
rules you used for the regular tax with the following
modifications.
• No refigured loss is allowed, except to the extent you are
insolvent (see section 58(c)(1)).
• Don’t use a refigured loss in the current tax year to offset
gains from other tax shelter farm activities. Instead, suspend
any refigured loss and carry it forward indefinitely until (a) you
have a gain in a subsequent tax year from that same activity,
or (b) you dispose of the activity.

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Line 3—Other Adjustments

Enter on line 3 the total of any other adjustments that apply to
you, including the following.

Depreciation Figured Using Pre-1987 Rules

This preference generally applies only to property placed in
service after 1987, but depreciated using pre-1987 rules due
to transitional provisions of the Tax Reform Act of 1986.

For the AMT, you must use the straight line method to
figure depreciation on real property for which accelerated
depreciation was determined using pre-1987 rules. Use a
recovery period of 19 years for 19-year real property and 15
years for low-income housing. For leased personal property
other than recovery property, enter the amount by which your
regular tax depreciation using the pre-1987 rules exceeds the
depreciation allowable using the straight line method. For
leased 10-year recovery property and leased 15-year public
utility property, enter the amount by which your regular tax
depreciation exceeds the depreciation allowable using the
straight line method with a half-year convention, no salvage
value, and a recovery period of 15 years (22 years for 15-year
public utility property).

Enter the difference between the amount that would be
reported for the activity on Schedule E or F or Form 4835 for
the AMT and the regular tax amount. If (a) the AMT loss is
more than the regular tax loss, (b) the AMT gain is less than
the regular tax gain, or (c) you have an AMT loss and a
regular tax gain, enter the adjustment as a negative amount.

Enter any adjustment for amounts reported on Form 8949,
Schedule D, Form 4684, or Form 4797, for the activity on
line 2k instead of line 3.

Charitable Contributions of Certain Property

If you made a charitable contribution of property to which
section 170(e) applies and you had a different basis for AMT
purposes, you may have to make an adjustment. See section
170(e) for details.

Business Interest Limitation
Complete an AMT Form 8990 using amounts adjusted for
AMT. Enter the difference between the AMT and regular tax
allowable interest expense. If line 30 of the AMT Form 8990 is
more than the amount on line 30 of the regular tax Form
8990, enter the difference as a negative amount.

Biofuel Producer Credit and Biodiesel and
Renewable Diesel Fuels Credit

Figure the excess of the regular tax depreciation over the
AMT depreciation separately for each property and include
on line 3 only positive amounts.

If your taxable income includes the amount of the biofuel
producer credit or biodiesel and renewable diesel fuels
credit, include that amount as a negative amount on line 3.

Pollution Control Facilities

Mortgage Interest

The section 169 election to amortize the basis of a certified
pollution control facility over a 60-month or 84-month period
isn’t available for the AMT. For facilities placed in service
before 1999, figure the AMT deduction using ADS. For
facilities placed in service after 1998, figure the AMT
deduction under MACRS using the straight line method.
Enter the difference between the regular tax and AMT
deduction. If the AMT deduction is more than the regular tax
deduction, enter the difference as a negative amount.

If you deducted home mortgage interest on Schedule A for a
dwelling that isn’t a principal residence (within the meaning of
section 121) or qualified dwelling for AMT, include that
deducted interest on line 3. A qualified dwelling for AMT is a
house, apartment, condominium, or mobile home not used
on a transient basis. A qualified dwelling for AMT doesn’t
include house boats and recreational vehicles.

Tax Shelter Farm Activities
Figure this adjustment only if you have a gain or loss from a
tax shelter farm activity (as defined in section 58(a)(2)) that
8

Net Qualified Disaster Loss
If you filed Schedule A to claim an increased standard
deduction on Form 1040 or 1040-SR due to a loss you
suffered related to property in a federally declared disaster
area, then include on line 3 the standard deduction amount
Instructions for Form 6251 (2024)

you listed on the dotted line next to Schedule A, line 16, as
your “Standard Deduction Claimed With Qualified Disaster
Loss.”
If you filed Schedule A to itemize your deductions, then
don't make this adjustment.

Related Adjustments

$10,000 for which you elect to take the section 179
deduction. You also have an AMT depreciation adjustment of
$700 for other assets depreciated on your Schedule C.
Your section 179 deduction for the regular tax is limited to
your net profit (before any section 179 deduction) of $9,000.
The $1,000 excess is a section 179 deduction carryforward
for the regular tax.
For the AMT, your net profit is $9,700, and you are allowed
a section 179 deduction of $9,700 for the AMT. You have a
section 179 deduction carryforward of $300 for the AMT.
You include a $700 negative adjustment on line 3 because
your section 179 deduction for the AMT is $700 greater than
your allowable regular tax deduction. In the following year,
when you use the $1,000 regular tax carryforward, you will
have a $700 positive related adjustment for the AMT because
your AMT carryforward is only $300.

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If you have an entry on line 2c because you deducted
investment interest allocable to an interest in a trade or
business, or on line 2d, 2h, 2i, or 2k through 2t, or you have
any amount included on line 3 from pre-1987 depreciation,
pollution control facilities, or tax shelter farm activities, you
may have to refigure any item of income or deduction based
on a limit of income other than adjusted gross income (AGI)
or modified AGI.

Affected items include the following.
• Section 179 expense deduction (Form 4562, line 12).
• Expenses for business or rental use of your home.
• Conservation expenses (Schedule F (Form 1040), line 12).
• Taxable IRA distributions (Form 1040, 1040-SR, or
1040-NR, line 4b), if prior-year IRA deductions were different
for the AMT and the regular tax.
• Self-employed health insurance deduction (Schedule 1
(Form 1040), line 17).
• Self-employed SEP, SIMPLE, and qualified plans
deduction (Schedule 1 (Form 1040), line 16).
• IRA deduction (Schedule 1 (Form 1040), line 20), affected
by the earned income limitation of section 219(b)(1)(B).
Figure the difference between the AMT and regular tax
amount for each item. Combine the amounts for all your
related adjustments and include the total on line 3. Keep a
copy of all computations for your records, including any AMT
carryover and basis amounts.

!

CAUTION

Don’t include on line 3 any adjustment for an item you
refigured on another line of this form (for example,
line 2d).

Example. On your Schedule C (Form 1040), you have a
net profit of $9,000 before figuring your section 179
deduction. You don’t report any other business income on
your return. During the year, you purchased an asset for

Line 4—Alternative Minimum Taxable Income

If your filing status is married filing separately and line 4 is
more than $875,950, you must include an additional amount
on line 4. If line 4 is $1,142,550 or more, include an additional
$66,650. Otherwise, include 25% of the excess of the
amount on line 4 over $875,950. For example, if the amount
on line 4 is $895,950, enter $900,950 instead—the additional
$5,000 is 25% of $20,000 ($895,950 minus $875,950).

Special Rule for Holders of a Residual Interest in a
REMIC
If you held a residual interest in a real estate mortgage
investment conduit (REMIC) in 2024, the amount you enter
on line 4 may not be less than the amount on Schedule E,
line 38, column (c). If the amount in column (c) is larger than
the amount you would otherwise enter on line 4, enter the
amount from column (c) instead and enter “Sch. Q” on the
dotted line next to line 4.
If your filing status is married filing separately, be sure to
include the additional amount that must be added to line 4
(as explained above) before you compare line 4 with the
amount on Schedule E, line 38, column (c).

Exemption Worksheet—
Line 5

Keep for Your Records

Note. If Form 6251, line 4, is equal to or more than $952,150 if single or head of household, $1,751,900 if married filing jointly or qualifying surviving
spouse, or $875,950 if married filing separately, your exemption is zero. Don’t complete this worksheet; instead, enter the amount from Form 6251, line 4,
on line 6 and go to line 7.

1. Enter $85,700 if single or head of household; $133,300 if married filing jointly or qualifying surviving
spouse; or $66,650 if married filing separately . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2. Enter your alternative minimum taxable income (AMTI) from Form 6251,
line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2.
3. Enter $609,350 if single or head of household; $1,218,700 if married
filing jointly or qualifying surviving spouse; or $609,350 if married filing
separately . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3.
4. Subtract line 3 from line 2. If zero or less, enter -0- . . . . . . . . . . . . . . . . .
4.

1.

5. Multiply line 4 by 25% (0.25) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5.

6. Subtract line 5 from line 1. If zero or less, enter -0-. Also, enter this amount on Form 6251, line 5,
and go to Form 6251, line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6.

Instructions for Form 6251 (2024)

9

Part II—Alternative Minimum Tax
(AMT)

separately), figure the amount to enter on line 7 by
multiplying line 6 by 26% (0.26). Otherwise, figure the
amount to enter on line 7 by multiplying line 6 by 28% (0.28)
and subtracting $4,652 ($2,326 if married filing separately)
from the result.

Line 5—Exemption Amount

If line 4 is more than the amount shown for your filing status in
the middle column of the chart on line 5, see the Exemption
Worksheet to figure the amount to enter on line 5.

Line 8—Alternative Minimum Tax Foreign Tax
Credit (AMTFTC)

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Form 1040-NR. If you are filing Form 1040-NR, use the
following chart to figure the amount to enter on line 5.
However, if line 4 is more than the amount shown for your
filing status in the middle column of the chart, use the
Exemption Worksheet to figure the amount to enter on line 5.
IF your filing status is...

AND line 4 is not over...

THEN enter on line 5...

Single

$

609,350 $

85,700.

Qualifying surviving spouse

$

1,218,700 $

133,300.

Married filing separately

$

609,350 $

66,650.

Line 7

If you claimed the foreign earned income exclusion, housing
exclusion, or housing deduction on Form 2555, you must use
the Foreign Earned Income Tax Worksheet in these
instructions to figure the amount to enter on line 7.

Form 1040-NR. If you are filing Form 1040-NR and you
reported capital gain distributions directly on Form 1040-NR,
line 7; you reported qualified dividends on Form 1040-NR,
line 3a; 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 of Form 6251 and enter the
amount from line 40 on line 7. All other Form 1040-NR filers,
don’t complete Part III. Instead, if Form 6251, line 6, is
$232,600 or less ($116,300 or less if married filing

The AMTFTC is a credit that you can claim against the AMT.
You will figure the AMTFTC using the same limitation rules
that apply to the foreign tax credit for regular tax purposes,
but with AMT amounts. However, you may be able to simplify
your AMTFTC calculation by electing to use some of the
same amounts you used to figure your foreign tax credit. See
Simplified Limitation Election, later, for more information.

Do I need to fill out line 8? Before figuring your AMTFTC,
figure your foreign tax credit for the regular tax and complete
Schedule 3 (Form 1040), line 1. Next, fill in Form 6251,
line 10, as instructed. If the amount on line 10 is greater than
or equal to the amount on line 7, do the following.
• Leave line 8 blank and enter -0- on line 11.
• See Who Must File, earlier, to find out if you must attach
Form 6251 to your return.
• Determine if you can carry back or carry forward your
unused 2024 AMTFTC. See AMTFTC Carryback and
Carryforward, later. If you can carry back or carry forward
your unused 2024 AMTFTC, you will need to complete line 8
for your records.
If the amount on line 10 is less than the amount on line 7,
figure your AMTFTC and enter it on line 8.
Figuring the AMTFTC. If you made an election to claim the
foreign tax credit on your 2024 tax return without filing Form
1116, your AMTFTC is the same as the foreign tax credit on
Schedule 3 (Form 1040), line 1. Enter that amount on Form
6251, line 8. For more information about electing to claim

Foreign Earned Income Tax Worksheet—Line 7
Before you begin:

Keep for Your Records

If Form 6251, line 6, is zero, don’t complete this worksheet.

1.

Enter the amount from Form 6251, line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4.

Tax on the amount on line 3.
• If you reported capital gain distributions directly on Form 1040 or 1040-SR, line 7; or you reported
qualified dividends on Form 1040 or 1040-SR, line 3a; 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 3 of this
worksheet on Form 6251, line 12. Complete the rest of Part III of Form 6251. However, before
completing Part III, see Form 2555, later, to see if you must complete Part III with certain modifications.
Then, enter the amount from Form 6251, line 40, here.
• All others: If line 3 is $232,600 or less ($116,300 or less if married filing separately), multiply line 3
by 26% (0.26). Otherwise, multiply line 3 by 28% (0.28) and subtract $4,652 ($2,326 if married filing
separately) from the result.
Tax on the amount on line 2c. If line 2c is $232,600 or less ($116,300 or less if married filing
separately), multiply line 2c by 26% (0.26). Otherwise, multiply line 2c by 28% (0.28) and subtract $4,652
($2,326 if married filing separately) from the result . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Subtract line 5 from line 4. Enter the result here and on Form 6251, line 7 . . . . . . . . . . . . . . . . . . . . . . . .

1.
2a. Enter the amount from your (and your spouse's, if filing jointly) Form 2555,
lines 45 and 50 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2a.
 b. Enter the total amount of any itemized deductions or exclusions you
couldn't claim because they are related to excluded income . . . . . . . . . .
2b.
 c. Subtract line 2b from line 2a. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2c.
3. Add lines 1 and 2c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.

5.

6.

10

4.
.

5.
6.

Instructions for Form 6251 (2024)

your foreign tax credit without filing Form 1116, see the
Instructions for Form 1116.
Otherwise, figure your AMTFTC as follows.
Step 1. Separate your foreign source income into
categories. See the Instructions for Form 1116 for information
about categories of income. Complete a separate AMT Form
1116 for each separate category of income. Enter “AMT” and
specify the category of income in the top margin of each
Form 1116.
Figuring high-taxed income. When applying the
separate categories of income, use the applicable AMT rate
instead of the regular tax rate to determine if any income is
“high-taxed.”

Individuals with capital gain distributions only. If you
have no capital gains or losses other than capital gain
distributions from box 2a of Form(s) 1099-DIV or substitute
statement(s), you must adjust your foreign source capital
gain distributions if you are required to adjust your foreign
source qualified dividends under the rules just described or
you would be required to adjust your foreign source qualified
dividends if you had any.
To adjust your foreign source capital gain distributions,
multiply your foreign source capital gain distributions in each
separate category by 0.5357 if the foreign source capital gain
distributions are taxed at a rate of 15%, and by 0.7143 if they
are taxed at a rate of 20%. Include the results on line 1a of
the applicable AMT Form 1116.
You adjust your foreign source capital gain distributions
taxed at the 0% rate by not including them on line 1a.
Amounts taxed at the 0% rate are on line 9 of the Qualified
Dividends and Capital Gain Tax Worksheet or line 22 of the
Schedule D Tax Worksheet.

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Step 2. Complete Part I of each AMT Form 1116 using only
income and deductions that are allowed for the AMT and
attributable to sources outside the United States.
Simplified limitation election. If you previously made or
are making the simplified limitation election, skip Part I and
go to Step 3. For more information about the simplified
limitation election, see Simplified Limitation Election, later.

Foreign source qualified dividends and capital gains. If
you have any foreign source qualified dividends or foreign
source capital gains (including any foreign source capital
gain distributions) or losses, use the following instructions to
determine whether you must make adjustments to those
amounts before you include the amounts on line 1a or line 5
of the AMT Form 1116.
Foreign qualified dividends. You must adjust your
foreign source qualified dividends before you include those
amounts on line 1a of the AMT Form 1116 if:
• Line 38 of Form 6251 is smaller than line 39, and
• Line 17 of Form 6251 is greater than zero.
But you don’t need to make any adjustments if:
• You qualify for the adjustment exception under Qualified
Dividends and Capital Gain Tax Worksheet (Individuals) or
Adjustments to foreign qualified dividends under Schedule D
Filers in the Instructions for Form 1116, and
• Line 17 of Form 6251 isn’t more than $232,600 ($116,300
if married filing separately (on Form 1040, 1040-SR or
1040-NR)).
Use your capital gains and losses as refigured for the AMT
to determine whether your total amounts are less than the
$20,000 threshold under the adjustment exception. If you
qualify for the adjustment exception, your election also
applies when you determine whether you must adjust your
capital gain distributions or other capital gains or losses. It
also applies to Step 4.
To adjust your foreign source qualified dividends, multiply
your foreign source qualified dividends in each separate
category by 0.5357 if the foreign source qualified dividends
are taxed at a rate of 15%, and by 0.7143 if they are taxed at
a rate of 20%. Include the results on line 1a of the applicable
AMT Form 1116.
You adjust your foreign source qualified dividends taxed at
the 0% rate by not including them on line 1a. Amounts taxed
at the 0% rate are on line 9 of the Qualified Dividends and
Capital Gain Tax Worksheet or line 22 of the Schedule D Tax
Worksheet.

!

CAUTION

Don’t adjust the amount of any foreign source
qualified dividends you elected to include on line 4g
of AMT Form 4952.

Instructions for Form 6251 (2024)

!

CAUTION

Don’t adjust the amount of any foreign source capital
gain distributions you elected to include on line 4g of
AMT Form 4952.

Individuals with other capital gains or losses. If any
capital gain or loss is different for the AMT, use amounts as
refigured for the AMT to complete this step. Use Worksheet A
in the Instructions for Form 1116 to determine the
adjustments you must make to your foreign source capital
gains or losses (as refigured for the AMT) if you have foreign
source capital gains or losses (as refigured for the AMT) in no
more than two separate categories and any of the following
apply.
• You aren’t required to make adjustments to your foreign
source qualified dividends under the rules described earlier
(or you wouldn’t be required to make those adjustments if you
had foreign source qualified dividends).
• Line 15 or 16 of the AMT Schedule D (Form 1040) is zero
or a loss.
• On the AMT Qualified Dividends and Capital Gain Tax
Worksheet, (a) line 3 of that worksheet is zero or less, (b)
line 5 of that worksheet is zero, or (c) line 23 of that
worksheet is equal to or greater than line 24.
• On the AMT Schedule D Tax Worksheet, (a) line 18 is zero,
(b) line 9 is zero or less, or (c) line 45 is equal to or greater
than line 46.
Use Worksheet B in the Instructions for Form 1116 if you:
• Can’t use Worksheet A,
• Have foreign source capital gains and losses in no more
than two separate categories,
• Didn’t have any item of unrecaptured section 1250 gain or
28% rate gain or loss for the AMT, and
• Don’t have any capital gains taxed at a rate of 0% or 20%.
Instructions for Worksheets A and B. When you
complete Worksheet A or Worksheet B, use foreign source
capital gains and losses, as refigured for the AMT if
necessary, and don’t use any foreign source capital gains you
elected to include on line 4g of AMT Form 4952. If you are
required to complete a Schedule D for the AMT, use line 16 of
that AMT Schedule D to complete line 3 of Worksheet A or
line 4 of the Line 2 Worksheet for Worksheet B. Use 0.5357
instead of the number used for regular tax to complete lines
11, 13, and 15 of Worksheet B and to complete lines 8, 11,
and 17 of the Line 15 Worksheet for Worksheet B.
If you don’t qualify to use Worksheet A or Worksheet B,
use the instructions under Capital Gains and Losses in Pub.

11

514 to determine the adjustments you make. When using the
instructions in Pub. 514 to determine if you must adjust
foreign source capital gains and losses, make the following
substitutions.
• When the amount of any AMT gain is in the 15% rate
group, multiply it by 0.5357 instead of the number used for
regular tax.
• When the amount of any AMT gain is in the 20% rate
group, multiply it by 0.7143 instead of the number used for
regular tax.
• When the amount of any AMT gain is in the 25% rate
group, multiply it by 0.8929 instead of the number used for
regular tax.
• When the amount of any AMT gain is in the 28% rate
group, multiply it by 1.0 instead of the number used for
regular tax.

6. Multiply line 6 of the worksheet by 0.2857 (instead of
the number used for regular tax). Enter the result on line 7 of
the worksheet.
7. Enter the amount from Form 6251, line 30, on line 8 of
the worksheet.
8. Multiply line 8 of the worksheet by 0.4643 (instead of
the number used for regular tax). Enter the result on line 9 of
the worksheet.
9. Enter the amount from Form 6251, line 23, on line 10
of the worksheet.
10. Complete lines 11 and 12 of the worksheet, as
instructed on the worksheet.
11. Enter the amount from your AMT Worksheet for
Line 18 on your AMT Form 1116, line 18.

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Step 3. Complete Part II and lines 9 through 17 of the AMT
Form 1116. Use your AMTFTC carryover, if any, on
line 10.
Simplified limitation election. If you previously made or
are making the simplified limitation election, complete Part II
and lines 9 through 14. Use your AMTFTC carryover, if any,
on line 10. Skip lines 15 and 16. Enter on your AMT Form
1116, line 17, the same amount you entered on that line for
the regular tax.

Step 4. Enter the amount from line 4 of Form 6251 on line 18
of the AMT Form 1116 unless you must complete an AMT
Worksheet for Line 18. In most cases, you must complete an
AMT Worksheet for Line 18 if you completed Part III of Form
6251 and:
• Line 38 of Form 6251 is smaller than line 39, and
• Line 17 of Form 6251 is greater than zero.
But even if you meet the requirements above, you don’t
need to complete an AMT Worksheet for Line 18 if:
• You qualify for the adjustment exception under Qualified
Dividends and Capital Gain Tax Worksheet (Individuals) or
Adjustments to foreign qualified dividends under Schedule D
Filers in the Instructions for Form 1116, and
• Line 17 of Form 6251 isn’t more than $232,600 ($116,300
if married filing separately (on Form 1040, 1040-SR, or
1040-NR)).
Note. Use your capital gains and losses as refigured for the
AMT to determine whether your total amounts are less than
the $20,000 threshold under the adjustment exception. If you
have any foreign source qualified dividends or capital gains
(or losses), then you must make the same adjustment
exception election you made in Step 2.
Instructions for AMT Worksheet for Line 18. If you
must complete an AMT Worksheet for Line 18 for your AMT
Form 1116, you will use the Worksheet for Line 18 in the
Instructions for Form 1116 and do the following.
1. Enter the amount from Form 6251, line 4, on line 1 of
the worksheet.
2. Skip lines 2 and 3 of the worksheet.
3. Enter the amount from Form 6251, line 36, on line 4 of
the worksheet.
4. Multiply line 4 of the worksheet by 0.1071 (instead of
the number used for regular tax). Enter the result on line 5 of
the worksheet.
5. Enter the amount from Form 6251, line 33, on line 6 of
the worksheet.

12

Step 5. Enter the amount from Form 6251, line 7, on the
AMT Form 1116, line 20. Complete lines 19 through 24 of the
AMT Form 1116.
Step 6. Complete Part IV of the first AMT Form 1116 only.

Enter on Form 6251, line 8, the amount from line 35 of the
first AMT Form 1116.
Attach to your tax return, after Form 6251, all AMT Forms
1116 (and, if applicable, Schedule B (Form 1116)) you used
to figure your AMTFTC. But don’t attach AMT Forms 1116 if
your AMTFTC is the same as your regular tax foreign tax
credit.

AMTFTC Carryback and Carryforward

If your AMTFTC is limited, the unused amount may generally
be carried back or forward according to section 904(c).

No AMTFTC carryback or carryforward allowed in 2024.
If you made the election to claim the foreign tax credit on your
2024 tax return without filing Form 1116, any unused
AMTFTC for 2024 can’t be carried back or forward. In
addition, you can’t claim any unused AMTFTC from another
year in 2024.
For more information about electing to claim your foreign
tax credit without filing Form 1116, see the Instructions for
Form 1116.

Simplified Limitation Election
You may elect to use a simplified section 904 limitation to
figure your AMTFTC. If you do, when figuring your AMTFTC,
you will use the same net foreign source income for AMT that
you used for regular tax. (The amount on line 17 of your AMT
Form 1116 will be the same as the amount on line 17 of your
regular tax Form 1116.) You must make the election for the
first tax year after 1997 for which you claim an AMTFTC. If
you don’t make the election for that year, you may not make it
for a later year. Once made, the election applies to all later
tax years and may be revoked only with IRS consent.

Line 10

If you file Form 8978, Partner's Additional Reporting Year Tax,
you will need to decrease the amount you report on Form
6251, line 10, by any negative amount reported on Form
8978, line 14 (treated as a positive number). If any additional
guidance is provided related to reporting amounts from Form
8978 on Form 6251, we will post it at IRS.gov/Form6251
under Recent Developments.
Instructions for Form 6251 (2024)

If you file Schedule J (Form 1040), Income Averaging for
Individuals With Income from Farming or Fishing, to figure
your tax on Form 1040, 1040-SR, or 1040-NR, line 16, you
must refigure that tax (including any tax from Form 8814)
without using Schedule J before completing this line. This is
only for Form 6251; don’t change the amount on Form 1040,
1040-SR, or 1040-NR, line 16.
Form 1040-NR. If you are filing Form 1040-NR, add Form
1040-NR, line 16, (minus any tax from Form 4972, Tax on
Lump-Sum Distributions) and Schedule 2 (Form 1040),
line 1z. Subtract from the result Schedule 3 (Form 1040),
line 1, and any negative amount reported on Form 8978,
line 14 (treated as a positive number). If zero or less,
enter -0-. If you file Schedule J to figure your tax on Form
1040-NR, line 16, refigure that tax without using Schedule J
before completing Form 6251, line 10 (see preceding
paragraph).

Step 1. Complete an AMT Form 8949 or, if applicable,
lines 1a and 8a of an AMT Schedule D, by refiguring, for
example, your basis for the AMT.
Step 2. Complete lines 1b through 20 of an AMT
Schedule D.
Step 3. Complete lines 2 through 4 of an AMT Qualified
Dividends and Capital Gain Tax Worksheet or lines 2 through
13 of an AMT Schedule D Tax Worksheet, whichever applies.
(See line 20 of your AMT Schedule D, if you completed one,
to determine which worksheet applies.)
Complete lines 3 and 4 of the AMT Schedule D Tax
Worksheet using your AMT Form 4952.
Step 4. Use amounts from the AMT Qualified Dividends
and Capital Gain Tax Worksheet or AMT Schedule D Tax
Worksheet, whichever applies, and the AMT Schedule D to
complete lines 13, 14, and 15.
If you filed Form 2555, see Form 2555, later, for additional
modifications you may have to make before entering amounts
on lines 13, 14, and 15.

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Line 11—AMT

If you are filing Form 1040-NR, enter the amount from line 11
on Schedule 2 (Form 1040), line 2.

Part III—Tax Computation Using
Maximum Capital Gains Rates

Lines 13, 14, and 15

Determine if any of the following statements apply.
1. The gain or loss from any transaction reported on
Form 8949 or Schedule D is different for the AMT (for
example, because of a different basis for the AMT due to
depreciation adjustments, an ISO adjustment, or a different
AMT capital loss carryover from 2023).
2. You didn’t complete either the Qualified Dividends and
Capital Gain Tax Worksheet or the Schedule D Tax
Worksheet because Form 1040, 1040-SR, or 1040-NR,
line 15, is zero.
3. You received a Schedule K-1 (Form 1041) that shows
an amount in box 12 with code B, C, D, E, or F.
Then, use the following instructions that apply to you.

• If none of the statements apply, go to None of the

statements apply, later.
• If only statement (2) applies, go to Only statement (2)
applies, later.
• If statement (3) applies (by itself or in combination with
statement (1) or (2)), go to Beneficiaries of estates or trusts
first, then go to Statement (1) or (3) applies, later.
• For all other situations, go to Statement (1) or (3) applies,
later.
None of the statements apply. If (1), (2), or (3) don’t apply,
then for Part III of these instructions, the AMT versions of your
Qualified Dividends and Capital Gain Tax Worksheet,
Schedule D Tax Worksheet, Unrecaptured Section 1250 Gain
Worksheet, 28% Rate Gain Worksheet, and Schedule D will
be the same as those you used for regular tax purposes. Use
the regular tax amounts to complete lines 13, 14, and 15.
If you filed Form 2555, see Form 2555, later, for additional
modifications you may have to make before entering amounts
on lines 13, 14, and 15.
Statement (1) or (3) applies. If (1) applies, complete all of
the following steps. If (3) applies but (1) doesn’t, complete
steps 2 through 4 only.

Instructions for Form 6251 (2024)

Only statement (2) applies. If (2) applies but (1) and (3)
don’t, complete the following steps.
Step 1. Complete lines 2 through 4 of an AMT Qualified
Dividends and Capital Gain Tax Worksheet or lines 2 through
13 of an AMT Schedule D Tax Worksheet, whichever applies.
(See line 20 of your Schedule D to determine which
worksheet applies.)
Complete lines 3 and 4 of the AMT Schedule D Tax
Worksheet, using your AMT Form 4952.
Step 2. Use amounts from the AMT Qualified Dividends
and Capital Gain Tax Worksheet or AMT Schedule D Tax
Worksheet, whichever applies, and the Schedule D you used
for regular tax to complete lines 13, 14, and 15.
If you filed Form 2555, see Form 2555, later, for additional
modifications you may have to make before entering amounts
on lines 13, 14, and 15.
Keep the AMT Form 8949, AMT Schedule D, and the

TIP applicable AMT worksheet for your records, but don’t
attach any of them to your tax return.

Note. Don’t decrease your section 1202 exclusion by the
amount, if any, on line 2h.
Form 2555. If you are filing Form 2555 and you have an
AMT capital gain excess, you must complete Part III of Form
6251 with certain modifications. To see if you have an AMT
capital gain excess, subtract Form 6251, line 6, from line 4 of
your AMT Qualified Dividends and Capital Gain Tax
Worksheet or line 10 of your AMT Schedule D Tax
Worksheet, whichever applies. If the result is greater than
zero, that amount is your AMT capital gain excess.
If you have AMT capital gain excess, figure the amounts to
enter on lines 13, 14, and 15 of Form 6251 using the
following modifications (only for purposes of Part III of Form
6251).
1. Reduce the amount you would otherwise enter on
line 3 of your AMT Qualified Dividends and Capital Gain Tax
Worksheet or line 9 of your AMT Schedule D Tax Worksheet
(but not below zero) by your AMT capital gain excess.
2. Reduce the amount you would otherwise enter on
line 2 of your AMT Qualified Dividends and Capital Gain Tax
Worksheet or line 6 of your AMT Schedule D Tax Worksheet
(but not below zero) by any of your AMT capital gain excess
not used in (1).
13

3. Reduce the amount on your AMT Schedule D (Form
1040), line 18, (but not below zero) by your AMT capital gain
excess.
4. Include your AMT capital gain excess as a loss on
line 16 of your AMT Unrecaptured Section 1250 Gain
Worksheet in the Instructions for Schedule D (Form 1040).
Also see the instructions for line 20.

the regular tax). If you didn’t complete either worksheet for
the regular tax, enter the amount from Form 1040-NR,
line 15; if zero or less, enter -0-.
Form 2555. If you are filing Form 2555, the amount you
enter on line 20 will take into account your regular tax capital
gain excess, if any. Don’t refigure it using the amount of your
AMT capital gain excess.
If you are filing Form 2555 and you didn’t complete either
the Qualified Dividends and Capital Gain Tax Worksheet or
the Schedule D Tax Worksheet for the regular tax, enter the
amount from line 3 of the Foreign Earned Income Tax
Worksheet in the Form 1040 instructions (as figured for the
regular tax).

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Beneficiaries of estates or trusts. If you received a
Schedule K-1 (Form 1041) that shows an adjustment in
box 12, follow the instructions in the following table.
IF the code in box 12 is...

THEN include that adjustment in figuring the
amount on...

B

line 2 of an AMT Qualified Dividends and Capital
Gain Tax Worksheet or an AMT Schedule D Tax
Worksheet, whichever applies.

C

line 5 of an AMT Schedule D.

D

line 12 of an AMT Schedule D.

E

line 11 of an AMT Unrecaptured Section 1250
Gain Worksheet.

F

line 4 of an AMT 28% Rate Gain Worksheet.

Form 1040-NR. If you are filing Form 1040-NR, enter on
Form 6251, line 13, the amount from line 4 of the Qualified
Dividends and Capital Gain Tax Worksheet, or the amount
from line 13 of the Schedule D Tax Worksheet, whichever
applies (as refigured for the AMT, if necessary).

Line 18

If you are filing Form 1040-NR and Form 6251, line 17, is
$232,600 or less ($116,300 or less if married filing
separately), multiply line 17 by 26% (0.26). Otherwise,
multiply line 17 by 28% (0.28) and subtract $4,652 ($2,326 if
married filing separately) from the result.

Line 19

If you are filing Form 1040-NR, enter $47,025 ($94,050 if your
filing status is qualifying surviving spouse).

Line 20

If you are filing Form 1040-NR, enter on Form 6251, line 20,
the amount from line 5 of the Qualified Dividends and Capital
Gain Tax Worksheet, or the amount from line 14 of the
Schedule D Tax Worksheet, whichever applies (as figured for

14

Line 25

If you are filing Form 1040-NR, enter on Form 6251, line 25,
the amount from the list below that corresponds to your filing
status.
• $518,900 if single.
• $291,850 if married filing separately.
• $583,750 if qualifying surviving spouse.

Line 27

If you are filing Form 1040-NR, enter on Form 6251, line 27,
the amount from line 5 of the Qualified Dividends and Capital
Gain Tax Worksheet, or the amount from line 21 of the
Schedule D Tax Worksheet, whichever applies (as figured for
the regular tax). If you didn’t complete either worksheet for
the regular tax, enter the amount from Form 1040-NR,
line 15; if zero or less, enter -0-.

Form 2555. If you are filing Form 2555, the amount you
enter on line 27 will take into account your regular tax capital
gain excess, if any. Don’t refigure it using the amount of your
AMT capital gain excess.
If you are filing Form 2555 and you didn’t complete either
the Qualified Dividends and Capital Gain Tax Worksheet or
the Schedule D Tax Worksheet for the regular tax, enter the
amount from Form 6251, line 20.

Line 39

If you are filing Form 1040-NR and Form 6251, line 12, is
$232,600 or less ($116,300 or less if married filing
separately), multiply line 12 by 26% (0.26). Otherwise,
multiply line 12 by 28% (0.28) and subtract $4,652 ($2,326 if
married filing separately) from the result.

Instructions for Form 6251 (2024)


File Typeapplication/pdf
File Title2024 Instructions for Form 6251
SubjectInstructions for Form 6251, Alternative Minimum Tax—Individuals
AuthorW:CAR:MP:FP
File Modified2024-11-13
File Created2024-11-13

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