Deductible AMT Worksheet (1041 LA)
Federal Schedule I, Line 56 is multiplied by a fraction. See below for details on the calculation of the numerator and denominator of that fraction.
Numerator
Louisiana apportionable and allocable net income which is taxed at AMTI rates, which is:
- Federal Schedule I Lines 2-24
- Less Preference items lines 6,8,9,22
- Less Out-of-state portion of line 3
- Plus Out-of-state part of line 5
Denominator
The excess of federal AMTI over regular federal taxable income, which is federal Schedule I line 25 less line 1.
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