What is the amount of AMT credit carryforward for 2018, assuming that an individual had an alternative

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What is the amount of AMT credit carryforward for 2018, assuming that an individual had an alternative minimum tax of $\$ 20,000$ and an alternative minimum tax for AMT credit of $\$ 12,000$ ?

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CCH Federal Taxation 2019 Comprehensive Topics

ISBN: 9780808049081

2019 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 27, 2024 04:01 AM

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What is the amount of AMT credit carryforward for 2019, assuming that an individual had an alternative minimum tax of $20,000 and an alternative minimum tax for AMT credit of $12,000?
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What is the amount of AMT credit carryforward for 2018, assuming that an individual had an alternative

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The AMT credit carryforward for 2018 would be calculated as follows AMT credit carryforwa...View the full answer

CCH Federal Taxation 2019 Comprehensive Topics

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