Question 19 1 pts In the quarterly income tax return, Excess MCIT prior year is deductible only the MCIT exceeds the RCIT for that quarter. the RCIT exceeds the MCIT for that quarter. the cumulative MCIT exceeds the cumulative RCIT as of the end of that quarter. the cumulative RIT exceeds the cumulative MCIT as of the end of that quarter. Question 20 1 pts Excess MCIT is valid as a tax credit over five years. four years. three years two years