For the year the loss was incurred, complete another form FTB 3805V; FTB 3805Z, Enterprise Zone Deduction and Credit Summary; FTB 3807, Local Agency Military Based Recovery Area Deduction and Credit Summary; or FTB 3809, Targeted Tax Area Deduction and Credit Summary, using your AMT income and expense amounts rather than the regular tax amounts.

← Line 20 – AMT net operating loss (NOL) deduction Step 2 – AMT NOL carryover to the current year: →