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XPO Corporation has a minimum tax credit of $50,500 from 2017. XPOs 2018 tax liability before any MTC carryover is $36,000. What is XPOs minimum

XPO Corporation has a minimum tax credit of $50,500 from 2017. XPOs 2018 tax liability before any MTC carryover is $36,000. What is XPOs minimum tax credit carryover to 2019, if any?

Multiple Choice

$14,500.
$50,500.
$7,250.
$0.

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