Solved
We have a NOL carryforward that reduces income but is added back in the AMT calculation resulting in an effective tax rate of greater than 70%---does this make sense?
Carried forward an NOL that has reduced 2021 AGI but adds back in the AMT calculation resulting in the NOL "credit" being fully taxed for an effective 70% tax rate on AGI? Is there a glitch in the program or is this a possible scenario?
