Has congress settled the AMT amounts and other details? When I tried to do this in the past, the tax software was really pretty useless, as they had all these caveats about unsettled tax laws, and they always had to assume the current, even though it was understood that Congress would probably vote to change it before DEC31.
I think you really just need to convert some number a bit larger than you imagine you will be able to, and do a re-characterization early next year. It's a bit of a pain, but less than the alternative, IMO. And you can get it much more optimized this way. Simply (Complexly?) too many variables to estimate very close ahead of time.
A friend of mine made an interesting comment. He said every member of Congress should be forced to do their own and their immediate families taxes. On their own, locked in a room, no help other than the IRS docs and phone line (calling anonymously). Maybe it should be on C-SPAN, so we could watch them pull out their hair, trying to figure out what the rules that they wrote actually mean. And every tax filing would get fully audited with the errors made public and the Congressperson subject to fines and penalties and jail time. No exceptions. Maybe we would actually get tax simplification then.
And no software (OK, simple spreadsheet to do the arithmetic is allowed) - it's ludicrous that we have to buy a software program, tweaked every year right up until the the filing date to comply with these rules. It's absurd.
-ERD50