Get Form 6251

Filling out Form 6251 is an essential step for users who need to calculate their alternative minimum tax and ensure accurate tax reporting. This guide provides clear, step-by-step instructions for completing the form online, catering to users with varying levels of experience.

Follow the steps to complete Form 6251 effortlessly.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Enter your name(s) as shown on Form 1040 in the designated field.
3. Input your Social Security Number (SSN) accurately in the provided space.
4. Refer to line 28 of Form 6251. If this amount is equal to or greater than $302,300 for single or head of household, $439,800 for married filing jointly, or $219,900 for married filing separately, you should skip this worksheet. Instead, enter the amount from line 28 on line 30.
5. If applicable, enter the appropriate exemption amount for your filing status in line 1: $47,450 if single or head of household; $72,450 if married filing jointly; or $36,225 if married filing separately.
6. Input your alternative minimum taxable income (AMTI) from line 28 of Form 6251 in line 2.
7. Enter the threshold amounts for line 3: $112,500 for single or head of household; $150,000 for married filing jointly; or $75,000 for married filing separately.
8. Subtract the value from line 3 from the value in line 2. If the result is zero or less, enter -0.
9. Multiply the figure from line 4 by 25% and place that number in line 5.
10. Subtract line 5 from line 1. If you receive a result of zero or less, enter -0-.
11. If any of the conditions under Certain Children Under Age 24 apply, complete lines 7 through 10. If not, proceed to enter the calculated amount on Form 6251, line 29, and continue to line 30.
12. Finally, save your changes, download, print, or share the completed Form 6251 as needed.

Begin filling out your Form 6251 online today for accurate tax calculations.