Any corporate AMT credit carryovers that existed at the end of 2017: a. Can be used to

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Any corporate AMT credit carryovers that existed at the end of 2017: 

a. Can be used to offset tax liability generated in 2018 and thereafter. 

b. Do not expire. 

c. Can generate a refundable credit of 50% of any unused AMT credits.

d. All of the above.

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Related Book For  answer-question

Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

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