Requirements A &B

Bangura, Incorporated has accumulated minimum tax credits of $1.65 million from tax years prior to 2018. The following are Bangura's regular tax before credits for 2018 through 2021 . Required: a. Complete the following table to calculate Bangura's allowable minimum tax credit each year under the TC.JA rules prior to enaciment of the CARES Act b. Complete the following table to calculate Bangura's allowable minimum tax credit each year under the CARES Act rules, assuming Callen does not adopt the quickie 2018 refund option. Complete the following table to calculate Bangura's allowable minimum tak credit each year under the TCIA rules prior to enactment of the CARES Act, Note: Negative amounts should be indicated by a minus sign. Enter your answers in whole doilars not in mikions. Bangura, Incorporated has accumulated minimum tax credits of $1.65 million from tax years prior to 2018. The following are Bangura's regular tax before credits for 2018 through 2021. Required: a. Complete the following table to calculate Bangura's allowable minimum tax credit each year under the TCJA rules prior to enactment of the CARES Act. b. Complete the following table to calculate Bangura's allowable minimum tax credit each year under the CARES Act rules, assuming Callen does not adopt the quickie 2018 refund option. Complete the following table to caloulate Bangura's allowable minimum tax credit each year under the CARES Act rules, assuming Callen does not adopt the quickie 2018 refund option. Note: Negative amounts should be indicated by a minus sign. Enter your answers in whole ollars not in milifions