For many years preceding 2018, Minimis Corporation, a calendar year corporation, had incurred the alternative minimum tax (AMT) and as a result has a $2 million minimum tax carryover into 2018. However, the Tax Cuts and Jobs Act of 2017 repealed the corporate AMT for tax years beginning after 2017. Minimis expects its regular tax liability to be $100,000 per year for the next four years. Your supervisor has asked you to determine how Minimis treats the minimum tax credit carryover now that the corporate AMT has been repealed. Your supervisor has suggested that you start by looking at IRC Sec. 53.