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stevilla Corporation is subject to for this year. $ -15. Cypress Corporation, a calendar year end corporation, has an AMT credit carryfor- ward from 2018
stevilla Corporation is subject to for this year. $ -15. Cypress Corporation, a calendar year end corporation, has an AMT credit carryfor- ward from 2018 (the credit arose in 2017) in the amount of $43,000. In 2019, Cypress has $170,000 of taxable income. Assuming Cypress is not a personal service corpora- tion, what is the amount of refund Cypress can expect to receive from its 2019 tax return filing? $ Go to the IRS website (www.irs.gov) and determine which IRS publication
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