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XPO Corporation has a minimum tax credit of $50,000 from 2017. XPO's 2018 tax liability before any MTC carryover is $30,000. What is XPO's minimum

XPO Corporation has a minimum tax credit of $50,000 from 2017. XPO's 2018 tax liability before any MTC carryover is $30,000. What is XPO's minimum tax credit carryover to 2019, if any?

rev: 05_07_2019_QC_CS-168124

Multiple Choice

  • $0.
  • $50,000.
  • $10,000.
  • $20,000.

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