Form 104 Amt - Colorado Alternative Minimum Tax Computation Schedule

Form 104 Amt - Colorado Alternative Minimum Tax Computation Schedule - 2001

104 AMT

COLORADO ALTERNATIVE MINIMUM TAX

2001

COMPUTATION SCHEDULE

NAME

SOCIAL SECURITY NUMBER

Individual taxpayers are subject to a Colo-

11,12,13,14,15,16, 17 and 18, Form 104. Do not

rado alternative minimum tax equal to the

enter on line 2 or line 4 below any amount that

amount by which 3.47% of their Colorado alter-

duplicates an adjustment made in arriving at

native minimum taxable income exceeds their

federal alternative minimum taxable income.

Colorado normal tax.

Part-year residents and nonresidents see

Colorado alternative minimum taxable in-

additional instructions on the back side of this

come is the federal alternative minimum taxable

form.

income increased by the additions entered on

Ordinarily you will have a Colorado alterna-

lines 3, 4 and 5, Form 104, and decreased by the

tive minimum tax if you have a federal alternative

federal alternative minimum tax exemption and

minimum tax.

the subtractions entered on lines 8,9,10,

Round all amounts to the nearest dollar

1. Amount from line 23 federal form 6251. If line 22, form 6251 is larger than line 21,

form 6251, enter negative amount here ................................................................................... 1

2. Additions from lines 3, 4 and 5, Form 104, see instructions above.......................................... 2

3. Total of lines 1 and 2 ................................................................................................................ 3

4. Subtractions from lines 8 through 18, Form 104. See instructions above ............................... 4

5. Line 3 minus line 4 ................................................................................................................... 5

6. Amount on line 5 multiplied by 3.47% (In the case of nonresident or part-year resident

taxpayer apportioned at______________________%) ........................................................... 6

7. Colorado normal tax from line 21, Form 104 ............................................................................ 7

8. Colorado alternative minimum tax, the amount by which line 6 exceeds line 7.

Enter here and on line 22, Form 104 ....................................................................................... 8

ATTACH THIS FORM TO YOUR COLORADO INCOME TAX RETURN, FORM 104.

Form 104 Amt - Colorado Alternative Minimum Tax Computation Schedule - 2001