How do I include Alternative Minimum Tax in the projection?
Where to find it: PREFERENCES
Open PREFERENCES, select Alternative Minimum Tax calculations in TIME MACHINE and save. The calculation requires the applicable subscription. Advisor scenarios have their own enabled treatment.
When requested before running, enter relevant minimum-tax carry-forward amounts for the specified prior years, distinguishing the federal and Québec amounts. Do not enter them as current expenses or ordinary losses.
Run TIME MACHINE and inspect the tax details to see whether AMT applies and whether a carry-forward is used. Enabling the option asks for an additional tax calculation; it does not assume that AMT is payable in every year.