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Elijah is single. He has a $26,500 AMT credit from 2020. In 2021, his regular tax liability is 566,250 and his tentative minimum tax is
Elijah is single. He has a $26,500 AMT credit from 2020. In 2021, his regular tax liability is 566,250 and his tentative minimum tax is $56,313. Does Elijah owe AMT tax in year 2021? How much of the AMT credit can Elijah use in 2021
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