104 AMT
COLORADO ALTERNATIVE MINIMUM TAX
2006
COMPUTATION SCHEDULE
NAME
SOCIAL SECURITY NUMBER
Individual taxpayers are subject to a
through 12, Form 104. Do not enter on line 2
Colorado alternative minimum tax equal to
or line 4 below any amount that duplicates an
the amount by which 3.47% of their Colo-
adjustment made in arriving at federal alterna-
rado alternative minimum taxable income
tive minimum taxable income.
exceeds their Colorado normal tax.
Part-year residents and nonresidents see
Colorado alternative minimum taxable
additional instructions on the back side of
income is the federal alternative minimum
this form.
taxable income increased by the additions
Ordinarily you will have a Colorado alter-
entered on line 3, Form 104, and decreased
native minimum tax if you have a federal
by the federal alternative minimum tax exemp-
alternative minimum tax.
tion and the subtractions entered on lines 6
Round all amounts to the nearest dollar
1. Amount from line 30 federal form 6251. If line 29, form 6251 is larger than line 28,
00
form 6251, enter negative amount here ................................................................................... 1
00
2. Additions from line 3, Form 104, see instructions above ......................................................... 2
00
3. Total of lines 1 and 2 ................................................................................................................ 3
4. Subtractions from lines 6 through 12, Form 104. See instructions above ............................... 4
00
00
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
00
taxpayer apportioned at______________________%) ........................................................... 6
00
7. Colorado normal tax from line 15, Form 104 ............................................................................ 7
8. Colorado alternative minimum tax, the amount by which line 6 exceeds line 7.
Enter here and on line 16, Form 104 ....................................................................................... 8
00
ATTACH THIS FORM TO YOUR COLORADO INCOME TAX RETURN, FORM 104.