Question
Which of the following is incorrect regarding the ability of the following entities to claim the credit for prior year Alternative Minimum Tax (AMT)? Group
Which of the following is incorrect regarding the ability of the following entities to claim the credit for prior year Alternative Minimum Tax (AMT)? Group of answer choices
An individual who had an AMT credit carryover from 2017 qualifies to claim the credit for prior year AMT
Fiduciaries must complete FTB Form 3510 to claim the credit for prior year AMT
Corporations must complete FTB Form 3510 to claim the credit for prior year AMT
An individual who paid AMT for 2017, and had 2017 adjustments and tax preference items other than exclusions qualifies to claim the credit for prior year AMT
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