Question
T3 for Alter Ego Trust in year of Settlor's Death
I have ticked yes to 2nd question on Form T1055, if this is ... an alter ego trust, is this the first year the trust is reporting a deemed disposition on Form T1055 but Schedule 12 is calculating minimum tax even though the trust is exempt from alternate minimum tax and my Schedule 12 is not accepting overrides. I wonder if there is a way to report that this is a situation that is exempt from minimum tax?
