Minimum Tax Credit

In tax years from 2007 to 2012 if a taxpayer has a long-term unused minimum tax credit the amount of the minimum tax credit for the year is not less than the AMT refundable credit. To find out if you may be subject to the AMT refer to.

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In addition some tax credits that reduce regular tax liability dont reduce AMT tax liability.

Minimum tax credit. Am I Subject to the AMT.

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