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A taxpayer is paying alternative minimum tax this year. The AMT is primarily due to timing differences, resulting in the creation of a minimum tax

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A taxpayer is paying alternative minimum tax this year. The AMT is primarily due to timing differences, resulting in the creation of a minimum tax credit. The taxpayer will apply the minimum tax credit A) against the current year's AMT liability. B) against a future year's AMT liability. C) as a carryback to the preceding two years. D) against a future year's regular tax liability when regular tax exceeds the tentative minimum tax

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