Form Dr 104amt - Colorado Alternative Minimum Tax Computation Schedule

DR 104AMT (12/21/11)

COLORADO DEPARTMENT OF REVENUE

COLORADO ALTERNATIVE MINIMUM TAX

2011

COMPUTATION SCHEDULE

NAME

SOCIAL SECURITY NUMBER

Individual taxpayers are subject to a Colorado

Do not enter on line 2 or line 4 below any amount

alternative minimum tax equal to the amount

that duplicates an adjustment made in arriving

by which 3.47% of their Colorado alternative

at federal alternative minimum taxable income.

minimum taxable income exceeds their Colorado

Part-year residents and nonresidents, please see

normal tax.

additional instructions on the back of this form.

Colorado alternative minimum taxable

Ordinarily, you will have a Colorado alternative

income is the federal alternative minimum tax-

minimum tax if you have a federal alternative

able income increased by the additions entered

on line 3, Form 104, and decreased by the federal

minimum tax.

alternative minimum tax exemption and the sub-

tractions entered on lines 6 through 12, Form 104.

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,

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

2. Additions from line 3, Form 104, see instructions above ........................................................................ 2

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

4. Subtractions from lines 6 through 12, 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 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

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