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Author: rosewine Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121061  
Subject: California AMT Date: 4/5/2013 7:06 PM
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Is this right? Does my client really owe California AMT?

Basic info is that the client is a college student age 20 and an non-resident of California. She is claimed as a dependent by her parent in Oregon. She earned about $5500 in 2012 - $4500 in California and $1000 in Oregon. These aren't exact numbers, just rounded off. Her 540NR shows her taxable California income as $1300 and tax of $13 and a credit of $13 for taxes paid on that income in Oregon. Then she ends up with a AMT tax of $320. This seems really odd to me, and I am probably missing something in my data entry, but I'm not sure what. Can any of the California experts help me out here?
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