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Bobs general business credit for 2018 is $55,000. His net regular income tax is $85,000, and his tentative minimum tax is $60,000. He has no
Bobs general business credit for 2018 is $55,000. His net regular income tax is $85,000, and his tentative minimum tax is $60,000. He has no other tax credits. Compute Bibs general business credit allowed for 2018?
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